Massive AI spending is driving AI infrastructure growth, but also pushing up debt. Strong margins and a $553 billion backlog support long-term upside, but execution risks are high. The shift in ...

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Oracle has a massive $553 billion backlog of contracts, and it is seeing rapid growth in cloud revenue. Strong margins and cross-selling across database and applications could still drive long-term ...

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March 31 : Cloud computing firm Oracle is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. Late on Tuesday, Oracle said it will lay off 491 ...

Oracle Corporation delivered its strongest quarter in 15 years, with Q3 revenue up 22% YoY to $17.2 billion and cloud revenue comprising 52% of total sales. ORCL's multicloud database ...

Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...

LONDON, Feb 6 (Reuters) - Shell (SHEL.L), opens new tab has chosen PricewaterhouseCoopers (PwC) as its next auditor after a tender process, with PwC set to replace EY from 2027, the oil major said on ...

Two companies at the center of the artificial-intelligence data center investment boom are parting ways, according to a report from the Financial Times. Oracle and alternative investments firm, Blue ...