Oracle Corporation (ORCL)
Debris from aerial interception strikes Oracle building in Dubai, UAE says
Dubai says damage to Oracle's building in the city was minor. Iran said on Tuesday that it would target U.S. tech companies, including Oracle, in the Middle East.
Oracle: The $500 Billion Backlog vs. the $125 Billion Debt
Reddit sentiment on Oracle swung sharply over the past 30 days. Following the March 10 earnings report, sentiment scores hit 88 (Very Bullish) across r/wallstreetbets and r/stocks, with one post titled “Finally caught the Oracle dip and SPX didn't murder me.
Oracle: Building Immunity To 'SaaSpocalypse' As It Lives Up To Its AI Potential
Oracle Corporation delivered a strong Q3, beating top and bottom-line estimates and accelerating RPO-to-revenue conversion. Q3 marked the first quarter for ORCL in 15 years with both organic revenue and non-GAAP EPS growth exceeding 20% in constant currency. Multicloud database revenues surged 531% y/y, positioning ORCL for margin expansion as high-margin services scale.
Fired via email? Some of the 30,000 workers cut by Oracle woke up to a morning message saying they were laid off.
The cloud-computing and database company began cutting jobs on Tuesday, with many workers being alerted over email.
Oracle's $10 Billion Bet On AI Sends Shares Down 57% And 30,000 Workers Out The Door
Oracle stock has taken a brutal plunge – losing 57% of its value since hitting a 52-week high stock price of $345.72 last September.
Here is What to Know Beyond Why Oracle Corporation (ORCL) is a Trending Stock
Zacks.com users have recently been watching Oracle (ORCL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Oracle Stock Choppy as AI-Driven Layoffs Come Knocking
Oracle Corp (NYSE:ORCL) is in focus today, after the software giant revealed it will lay off 491 employees effective June 1, according to a notice filed under the Worker Adjustment and Retraining Notification (WARN) Act.
Oracle stock rises in premarket on plans to cut thousands of jobs
Oracle shares rose in premarket trading after reports that it is laying off thousands of workers. The software giant recently said it is raising $50 billion for its data center build-out.
Wall Street Breakfast Podcast: RH Feels Housing Chill
RH (RH) shares plunged 17% premarket after missing Q4 results and guiding below consensus for Q1 and FY26 revenues. Oracle (ORCL) surged 6% as it began laying off up to 18% of its workforce to support AI infrastructure investments, signaling an efficiency-driven shift.
Oracle layoffs: Stock price rises as sudden job cuts shock employees
Another round of layoffs has hit the tech industry, this time at SaaS giant Oracle Corporation (NYSE: ORCL).
Oracle layoffs hit thousands, but stock jumps 6%: here's why
Oracle has reportedly begun laying off employees across parts of its global workforce. The layoffs come as a new phase in the company's restructuring as it pours money into artificial intelligence infrastructure and data-center expansion.
Oracle Cuts Thousands of Jobs After Monthslong Stock Decline
Oracle is cutting thousands of jobs, CNBC reported Tuesday (March 31), citing unnamed sources. The software maker, which employed 162,000 people as of May, has seen its stock price drop 25% this year, according to the report.
