Oracle (ORCL) trades at just 16x forward earnings despite 93% cloud infrastructure growth and a $638 billion contracted backlog. $55.66 billion in AI capex drove negative free cash flow, but funds ...
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Oracle delivered 21% year-over-year revenue growth in its fourth quarter of fiscal 2026, which ended May 31. Notably, the cloud infrastructure segment was up by 93% year over year. That unit made up ...
Oracle reduced its workforce by 13% over the past 12 months and cited AI deployment in an annual filing on Monday. The company currently employs 141,000 full-time workers, down from 162,000 the ...
Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital expenditures surged 162% in the latest fiscal year, with almost $24 ...
East Bank and East Nashville — under or over Interstate 24 — to help seal the deal and win the tech company's record-setting ...
Oracle was co-founded by Larry Ellison in 1977. He remains its chief technology officer Oracle shed about 21,000 roles globally in the last year as the US technology giant reshapes its business around ...
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Oracle's head count has been shrinking as it made layoffs to cut costs — and now there's a number ...
Good day, everyone, and welcome to Oracle's first-quarter 2024 earnings call. Today's call is being recorded. And now, I would like to turn the conference over to Ken Bond. Please go ahead. Ken Bond-- ...
Gwen Shapira shares how teams are scaling AI features using PostgreSQL for mission-critical apps. She explains how to ...
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