Oracle has initiated a new wave of global layoffs, impacting thousands of employees across the US, India, Philippines, Canada, and Europe. The cuts extend beyond Oracle Cloud Infrastructure to include ...

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’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 ...

Without Broadcom and Oracle, the "Magnificent Seven" is no longer a good representation of the market's leading growth stocks ...

Oracle's stock surged 36% after reporting record future revenue obligations. Jefferies sees more upside, lifting its stock price target to $360 on cloud and AI growth. Analysts point to Oracle's ...

Oracle's stock surge has pushed co-founder Larry Ellison's net worth higher by tens of billions of dollars the last two days and puts him ahead of Tesla CEO Elon Musk as the richest person in the ...

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 ...

Oracle chairman Larry Ellison is the newly minted richest person on earth. Ellison dethroned Tesla CEO Elon Musk as his net worth soared more than $100 billion in a single day. He can thank Oracle's ...

Larry Ellison has grown $200 billion richer this year thanks to Oracle's stock surge. Oracle shares soared 42% on Wednesday after the software giant projected big revenue growth. The one-day surge ...

Oracle cofounder Larry Ellison has wrested the title of the world’s richest person from longtime holder Elon Musk. On Wednesday, as stock in Ellison’s software giant rocketed more than a third in a ...

Larry Ellison briefly soared past Elon Musk as the world’s richest person for the first time as shares in Oracle surged more than 40% on Wednesday. Ellison, who co-founded Oracle and now serves as ...

Layoffs: Many affected employees claim that they were laid off over a Zoom meeting. The outlet reported that the layoff announcements were under the guise of “project updates”, and as a result, the ...