Oracle has reduced its workforce by nearly 21,000 employees during fiscal 2026, even as the technology giant doubles down on ...
Oracle Corp. fell short of expectations with its latest revenue and earnings Tuesday, but that didn’t matter to Wall Street in light of the big numbers the company revealed about its future. Oracle ...
Amazon reported Q1 2023 earnings back in April, so let's get a quick refresh on the AWS outlook. Revenue from the cloud giant was up 16% year over year to $21.4 billion, half the growth rate being ...
Oracle spent much of the time this week at its OpenWorld trade show hyping its grid and database technologies and discussing its recent acquisition spree with the media, analysts and conference ...
Oracle (NYSE: ORCL) is no longer a stodgy database and data management software company. Aggressive investments in Oracle Cloud Infrastructure (OCI) have made the cloud Oracle's main growth driver.
“Other cloud vendors chose to implement a shortcut to VMware with managed or hosted solutions, but we found that approach to be limiting,” explained Oracle's Clive D'Souza. Oracle expanded its Oracle ...
Oracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans and rising debt concerns. The companys massive capital raise ...
Oracle Communications’ is infusing AT&T IoT connectivity into its Enterprise Communications Platform (ECP) in a move to allow Oracle cloud application customers to connect and manage their IoT devices ...
For many years, Amazon's (NASDAQ: AMZN) main breadwinner hasn't been e-commerce but rather its pioneering work in cloud computing, the Amazon Web Services (AWS) segment. But after more than a decade ...
While the latest earnings and revenue numbers come up short, Oracle impresses with its talk of new multibillion-dollar deals and big cloud projections Oracle's stock soared in after-hours trading on ...