An Austin-based software giant has set aside billions for restructuring, raising concerns about potential job cuts as the company ramps up spending on artificial intelligence tools and data center ...

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...

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 ...

Evan Feagans, portfolio manager at TCW, joins 'Squawk on the Street' to discuss Oracle's upcoming earnings results, the impacts of artificial inelligence, and more. Donald Trump’s approval rating hits ...

Oracle (ORCL) will report its third quarter earnings after the bell on Tuesday, amid reports that the company has axed plans to expand an AI data center with OpenAI (OPAI.PVT) and that it’s preparing ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Micron carries the strongest institutional momentum of ...

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...

March 6 (Reuters) - Oracle and OpenAI have abandoned ⁠plans ⁠to expand a flagship ⁠artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, ...

March 5 (Reuters) - Enterprise software company Oracle (ORCL.N), opens new tab is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg ...

March 5 (Reuters) - Enterprise software company Oracle is ⁠planning ⁠thousands of job cuts as ⁠it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported on ...