Democratic U.S. Rep. Greg Casar on Monday denounced layoffs by the Austin-based cloud computing company Oracle, and promoted legislation that would require tighter federal scrutiny on companies that ...
Oracle is spending big on artificial intelligence—to the tune of $70 billion this year alone—in order to build data centers and AI-capable servers. But that AI expansion hasn’t come without a human ...
Thank you, Lisa, and good afternoon, everyone. Welcome to Oracle's Fourth Quarter and Fiscal Year 2026 Earnings Conference Call. On the call today are our Chief Executive Officer, Mike Sicilia; Chief ...
Oracle Corp (ORCL) Q4 FY26 Earnings Call Live coverage with Benzinga. Q4 FY26 Results EPS: $2.11 (est. $1.89) inline Revenue: $19.18B (est. $19.09B) inline Reported: 2026-06-10 Recent Quarters Q3 FY26 ...
Oracle delivered record Q4 and FY26 results, with Q4 revenue up 21% YoY to $19.2B and cloud infrastructure revenue surging 93%. Management reaffirmed long-term targets and guided for FY27 revenue ...
Shares of Oracle have surged 39% since the company’s previous earnings call in March. Can the software giant and hyperscaler keep the momentum as it reports fiscal fourth-quarter results after the ...
Oracle laid off thousands of employees yesterday. Numbers vary, with some reports saying up to 30,000 employees. Regardless, the company conducted the mass termination via email. Employees received ...
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 ...
Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...
Chief Financial Officer Michael Zemetra stated, "The key risk to our revenue projections are the consumption-based nature of [ VDR ] coupled with the timing of government-based contracts and ...