ORACLE — Standing side by side in the midday sun, two women sort through a box filled with peanut butter, bread, rice and all kinds of canned goods. “Here’s some cat food,” Elvia Schwenke says. “Oh, ...

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Oracle (NYSE:ORCL) shares are spiking 11% higher on Monday, moving from $138.09 to $153 in heavy trading. The move comes after a brutal stretch for ORCL stock, which entered today down 28% year to ...

Following Oracle's massive global layoffs affecting 30,000 employees worldwide, including 12,000 in India, questions about employee rights and severance entitlements have taken center stage. Nishith ...

Oracle has appointed Hilary Maxson as its new CFO to steer finances during rapid AI-led expansion. The company has taken on $58 billion in debt in recent months, even as growth surged. Maxson replaces ...

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

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 ...

Oracle announced a suite of agentic AI capabilities integrated directly into Oracle AI Database, enabling AI agents to securely access enterprise data where it already exists, rather than requiring ...

Oracle's massive capital expenditures have taken a sledgehammer to its free cash flow. Upfront customer payments and efficiency improvements should slow the rate of cash burn. But it comes at a steep ...