Oracle (ORCL) trades at just 16x forward earnings despite 93% cloud infrastructure growth and a $638 billion contracted backlog. $55.66 billion in AI capex drove negative free cash flow, but funds ...

Tech firm Oracle is suing Wisconsin’s Public Service Commission (PSC) in Ozaukee County Circuit Court, opening a new front in a fight over financial protections for Wisconsin ratepayers. The June 19 ...

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 ...

Oracle shares were falling on Thursday afternoon, after the company reported mixed earnings results for its fiscal fourth quarter after the Wednesday bell. Weakness in the company’s software results ...

SALINE TWP., Mich. (WXYZ) — Michigan's largest-ever investment — a $16 billion data center campus — held its groundbreaking Monday in Saline Township, drawing ...

In short: Oracle closed a $16.3 billion financing for a single data centre campus in Saline Township, Michigan, the largest single-facility technology debt package ever assembled. PIMCO anchored ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Oracle Corp. Oracle recently announced a set of availability and security enhancements to ...

Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent shockwaves through the company. Maxson, 48, formerly of Schneider Electric, assumes ...

Falling debris from an intercepted missile has damaged the Dubai office of American tech giant Oracle, city officials said on Saturday. "Authorities confirm that they responded to a minor incident ...

As thousands of Oracle employees awoke on Tuesday to an email informing them they were being laid off, the workers likely didn’t know the tech company had been busy trying to hire foreign staff.

Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, according to Iranian state media. The alleged strike comes only two days ...

Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.