Oracle Q3 earnings on deck: Focus on cloud unit, capital spending

Evercore analyst Kirk Materne said Oracle's announcement of using $25B in debt and $25B in equity to capitalize itself, along ...

Oracle plans to lay off thousands of employees due to AI data center buildout expenses: report

Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.
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Oracle quietly raises restructuring fund by $500M: Big layoff wave incoming?

Oracle now sees fiscal 2026 restructuring expenses of $2.1 billion, an SEC filing shows. ・The cloud company laid off over 3,000 workers in August-September 2025. ・ORCL stock rose 9.2% on Wednesday ...

Oracle Announces Fiscal Year 2026 Third Quarter Financial Results

This Q3 was the first quarter in over 15 years where organic total revenue and non-GAAP earnings per share both grew at 20% or more in USD. Cloud revenue was at the high end of our guidance, total ...
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Buildout of some Oracle data centers for OpenAI reportedly pushed to 2028 amid worries over expense-revenue timing mismatch

The timeline for some of the data centers that Oracle Corp. (ORCL) is building for its Project Stargate partner, OpenAI, has reportedly been pushed back to 2028 from 2027. According to a Bloomberg ...
The Tech Edvocate

Oracle’s Strategic Shift: Embracing AI While Shedding Jobs

Spread the loveIn a bold move to realign its business strategy, Oracle Corporation is set to undergo significant restructuring, which includes a substantial reduction in its workforce. This transition ...