Oracle’s meteoric rise continues to defy expectations. With a 36% surge following its latest earnings and a cumulative 3x gain since early 2023, the enterprise software giant is rewriting the playbook ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...
Oracle sent its shares soaring after markets closed yesterday after reporting that it signed multiple multi-billion-dollar contracts with several customers. Now, we have an idea of who those customers ...
Shares of software company Oracle Corporation (NYSE:ORCL) hit new all-time highs on Wednesday after the company reported first-quarter financial results and future guidance. Here's a look back at how ...
In a series of posts on X, Cramer expressed astonishment at the market’s reaction and Oracle’s business pipeline. “Trying to figure out how much of that backlog for Oracle is Stargate because I don't ...
Oracle’s ORCL remaining performance obligations for the first quarter increased 359% to $455 billion, primarily due to expanding relationships with large language model providers. Management also ...
Oracle has initiated layoffs in its Indian offices, impacting hundreds of employees across teams like cloud, driven by a focus on AI and cost reduction. The company is offering severance packages, ...
Oracle (ORCL) reported fiscal first quarter adjusted earnings of $1.47 per share, just shy of the $1.48 Bloomberg consensus estimate. Adjusted revenue was $14.93 billion versus an expected $15.03 ...
1Department of Medical Oncology, Sun Yat-sen University Cancer Center, State Key Laboratory of Oncology in South China, Guangdong Provincial Clinical Research Center for Cancer, Sun Yat-sen University ...
Cloud computing giant Oracle is laying off 101 employees in Seattle, less than a month after reducing its local workforce. The cuts from the Austin, Texas-based company, disclosed Tuesday in a state ...
AS THAT STORM GETS CLOSER. NOW TO OUR BREAKING NEWS FROM ONE OF KANSAS CITY’S TOP EMPLOYERS. ORACLE IS LAYING OFF MORE PEOPLE. KMBC NINE INVESTIGATES HAS CONFIRMED MULTIPLE LAYOFFS AT ORACLE TODAY, ...