Credit default swap spreads on hyperscale technology companies reached record-wide levels, with Oracle's spread widening far more than those of its peers, according to a chart shared by market ...
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Oracle was founded all the way back in 1977 as an enterprise software company. Since then, it has transformed into a cloud services giant. These days, it is trying to become one of the most important ...
Attackers have begun exploiting a critical vulnerability (tracked as CVE-2026-46817) in the Oracle E-Business Suite (EBS) financial application, according to threat intelligence company Defused. This ...
Badly damaged tech company Oracle (NASDAQ: ORCL) fired 21,000 people. It said they were being replaced by AI. It is 13% of the company’s total workforce. Oracle took a charge of $1.84 billion. In its ...
Oracle fired 21,000 workers citing AI adoption, but stock down 14% and negative free cash flow of $1.87 billion suggest financial distress. Unlike MSFT and GOOG, Oracle burned $23.7 billion in cash ...
Oracle (ORCL) earns a BUY with a $250 price target, as its $638 billion backlog surged 363% year over year. CFO Safra Catz projects OCI revenue growing from $18 billion to $144 billion within five ...
Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the company announced its next big move: hiring a new chief financial officer with a $26 million ...
See more of our coverage in your search results. Add The New York Post on Google The initial wave of a massive bloodbath at Oracle has begun to show up in public filings — with 700 workers expected to ...
Oracle disclosed plans to slash 654 jobs in the Bay Area after recent reports that the company had emailed termination notices to potentially thousands of employees worldwide. Related Articles Bay ...