Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants

"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...

Trade tracker: Jim Lebenthal adds to Oracle

Jim Lebenthal, Chief Market Strategist at Cerity Partners, joins CNBC's "Halftime Report" to detail his latest buy in Oracle ...
TheStreet.com

Oracle Q4 2026 Earnings Call: $ORCL falls after announcing $40 billion raise as capex spend exceeds expectations

This concludes TheStreet’s coverage of Oracle’s Q4 2026 earnings. While the hyperscaler bested analyst expectations to cap off its fiscal year 2026, the company also spent more than expected on its ...
24/7 Wall St

Live: Will Oracle Crush Q4 Earnings After the Market Closes Tonight?

Oracle (ORCL) shares dropped 16% ahead of earnings despite last quarter's 20%+ revenue growth and RPO surging 325% to $553B. Despite an 85% beat probability, Oracle must deliver strong RPO and cloud ...
Mint

Oracle stock price falls after 30% surge in three sessions; what’s next?

Oracle Corporation stock price ended over 1% lower on Tuesday, snapping a three-session rally amid profit booking following a sharp run-up. The NYSE-listed technology stock closed 1.44% lower at ...
Mint

Oracle layoffs: 30,000 job cuts likely by June 15 despite booming cloud, AI growth and strong earnings

AI Quick Read Oracle Corp has moved into the final phase of what is expected to be its largest workforce reduction, with thousands of employees reaching official separation dates between June 1 and ...
Becker's Hospital Review

VA going live with Oracle Health EHR

The U.S. Department of Veterans Affairs plans to go live April 11 with its new Oracle Health EHR at four medical centers in Michigan, The Detroit News reported April 10. The sites will be Ann Arbor, ...
Fox Business

Oracle hires new CFO with $950K salary as thousands face layoffs

Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, ...
Inc

Why Oracle Is Cutting 30,000 Jobs Despite a Massive $6 Billion Quarterly Income

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...
MLive

Traffic problems reported as OpenAI, Oracle data center construction ramps up

SALINE TWP., MI — Construction truck traffic got even heavier this week on Michigan Avenue/U.S. 12 through the Saline area with residents already reporting issues since late last year. It is due to ...
MLive

DTE accepts conditions of contracts to power OpenAI, Oracle data center south of Ann Arbor

This story has been updated with more information. SALINE TWP., MI — DTE Energy Co. has accepted all the conditions that the Michigan Public Service Commission (MPSC) outlined in its conditional ...