The additional spend covers redundancy packages and other exit costs as increasingly powerful AI models allow the company to cut software jobs.

The expanded fund, disclosed in a filing with the US Securities and Exchange Commission following Oracle's quarterly earnings report, has heightened concerns that the company's restructuring ...

Oracle's earnings numbers in the third quarter were impressive, and the company boosted its guidance for next year.

Oracle disclosed a $2.2 billion investment for a 15% stake in the new U.S. entity operating TikTok after ByteDance was forced to divest control under a national security law, while Oracle also hosts ...

Oracle's stake in TikTok's U.S. business operations is worth around $2 billion, a filing showed on Wednesday, ​more than a month after its Chinese ‌parent ByteDance finalized a deal to set up a ...

Oracle bought 15% of TikTok's U.S. operations in January after China's ByteDance was forced by U.S. law to divest.

Discover how Oracle's earnings report could influence its full-year 2026 guidance and long-term growth strategy. Read more here.

Oracle Corporation is rated a Buy due to robust execution, margin inflection, and high potential cloud growth opportunity.

Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.

Oracle is benefiting from its new bring-your-own-chip policy, which helps protect margins as the company wins more cloud business.

Oracle shares led the tech sector higher Wednesday as investors cheered the cloud giant's better-than-expected earnings and stronger outlook.

Oracle’s cloud segment, which now represents over half of the company’s sales, grew 44% from a year ago, to $8.9 billion.