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Oracle is laying off staff from its cloud division as it looks to cut costs while continuing to invest heavily in AI ...
Oracle, Microsoft, and TCS have all announced major layoffs as AI costs surge and reshape the tech industry. Oracle cut roles ...
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Oracle (ORCL), a legacy tech player once lagging behind in the AI arms race, is now sprinting out front. "Oracle has been growing [revenue] by mid-single digits, and now it could be growing 15% to ...
Latest CIO survey indicates bullish AI infrastructure spending backdrop. Net spending intentions for Oracle OCI has risen to 27% CIOs. The market’s back, and these 3 income stocks are thriving ...
The Tokyo-based company is the unnamed buyer of Foxconn Technology Group’s EV plant in Ohio and plans to incorporate the ...
This is part of many larger cloud deals signed recently that have caused ORCL stock to surge by 31% year-to-date. The tariff-related scare this spring dampened enthusiasm, but the rally is ...
According to data from S&P Global Market Intelligence, the stock finished the month 32% higher. Oracle is still much smaller than the big three cloud computing players (Amazon, Alphabet, and ...
With an increase of $59 billion in wealth this year, Oracle's Larry Ellison has overtaken Meta Chief Executive Mark ...
Oracle Corp. is cutting jobs in its closely watched cloud unit, the latest company taking steps to control costs amid heavy spending on AI infrastructure.