ORACLE — Standing side by side in the midday sun, two women sort through a box filled with peanut butter, bread, rice and all kinds of canned goods. “Here’s some cat food,” Elvia Schwenke says. “Oh, ...
Just days after firing 30,000 employees globally, reportedly due to AI-driven cost-cutting, Oracle has appointed Hilary Maxson as its new Chief Financial Officer (CFO) with a massive pay day. While 12 ...
Oracle has appointed Hilary Maxson as its new CFO to steer finances during rapid AI-led expansion. The company has taken on $58 billion in debt in recent months, even as growth surged. Maxson replaces ...
Oracle (ORCL) has begun a new round of global layoffs—a move that might normally spark concern rather than enthusiasm. Job cuts are often interpreted as a sign of weakening demand or internal strain.
In a post that has struck a raw nerve across social media, a Reddit user has shared the gut-wrenching story of their father, a 20-year Oracle employee battling cancer, being laid off via email, just ...
Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...
Oracle announces agentic AI capabilities for Oracle AI Database, including Private Agent Factory, Deep Data Security, and Autonomous AI Vector Database for enterprises.
Demand for cloud infrastructure is driving the highest growth in Oracle's revenue and adjusted earnings in 15 years. Oracle says new AI customers are adding additional services, creating a "halo ...
Oracle (ORCL) reported Q3 FY2026 IaaS cloud infrastructure revenue surging 84% year over year to $4.89 billion, with Remaining Performance Obligations hitting $553 billion, up 325% year over year.
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Wed, March 11, 2026 at 1:11 PM UTC Oracle (NYSE:ORCL) reported its fiscal third-quarter 2026 results after the bell on Tuesday, March 10, and the market liked what it saw. ORCL stock rose ...
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