Moving forward, the data center project could face fines for breaking court-ordered rules related to construction traffic.
Today, March 11, 2026, investors are weighing blockbuster cloud and AI growth against massive data center spending and cash flow pressure.
Shares of Oracle and chipmakers rose on Wednesday after a strong earnings report signaled AI demand remains healthy, but ...
Oracle's backlog was the centerpiece of the results. CEO Safra Catz revealed that the company's remaining performance obligation (RPO) -- a backlog of future sales -- rose to $553 billion, surging 325 ...
Tyler Radke, co-head of U.S. software research at Citi, joins 'Squawk on the Street' to discuss Oracle's latest earnings report, the slump in software stocks, and more.
Oracle shares surged about 12% on Wednesday after the software giant's upbeat revenue forecast eased concerns over its hefty ...
Oracle is actively promoting its AI data center progress and job creation efforts amidst significant investor concerns. The company's massive $300 billion OpenAI cloud contract, signed in September ...
Oracle, a US-based multinational, is mulling over laying off around 20,000 to 30,000 employees, which is approximately 10% of its workforce, CIO reported, citing investment bank TD Cowen. The plans of ...
According to a report by CIO, citing investment bank TD Cowen, Oracle is considering cutting between 20,000 and 30,000 jobs and may also look at selling parts of its business, including Cerner, the ...
Oracle shares fell 2% on February 2 following the company’s announcement that it planned to raise upwards of $50 billion in 2026. That spike came after Oracle reported a 359% increase in its remaining ...
Oracle is planning to build its new world headquarters on a 70-acre riverfront property in downtown Nashville. There is no firm timeline for the project's construction or opening. The campus plans ...
Oracle faces legal action from bondholders who claim the company withheld critical information when it raised nearly $20 billion in capital this September. The market is pricing Oracle bonds as ...