While Oracle has traditionally been viewed as a legacy database provider, its aggressive pivot toward Oracle Cloud Infrastructure (OCI) has sparked a

Oracle stock jumped late Tuesday after the enterprise and cloud-computing giant company reported fiscal Q3 results.

Oracle Corporation (NYSE:ORCL) is one of the most promising cloud stocks according to analysts. Morgan Stanley, in an update issued on January 23, lowered its target price on Oracle Corporation (NYSE: ORCL) from $320 to $213.

Oracle is preparing for a significant workforce reduction, which will affect several divisions within the company. The decision comes at a time when Oracle is facing financial difficulties due to its ambitious expansion of AI data centres.

Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.

For the current quarter, Oracle said it’s looking for earnings of between $1.92 and $1.96 per share, well ahead of the analysts’ $1.70 per share forecast. In terms of revenue, it said it’s eying growth of between 17% and 20%, compared to the Street’s 20% consensus.

Oracle (ORCL) stock weakens as the company announces sweeping job cuts to manage rising AI infrastructure costs and plans to raise $45B-$50B in capital.

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort.

In the high-stakes world of cloud computing, Amazon.com AMZN and Oracle ORCL represent contrasting approaches to capturing the explosive growth in artificial intelligence and enterprise computing. Amazon, with its dominant Amazon Web Services (“AWS ...

As tech stocks continue their sell-off, many investors have turned their attention to Oracle (NYSE: ORCL), which has seen its shares plunge more than 21% since the start of the year. Investors may wonder if now's the time to click the sell button before shares plummet even further -- or whether now could be an opportunity to buy.

Oracle is reportedly planning thousands of layoffs as it pours billions into AI data centers, raising investor concerns over costs and long-term cash flow.

Oracle's $300 billion deal with OpenAI established it as a major player in AI cloud computing alongside Amazon, Google and Microsoft.