Investing.com -- Oracle (NYSE:ORCL) stock fell as much as 7% Tuesday following a report from The Information that revealed the company’s AI cloud business operates with razor-thin gross profit margins ...
We recently published 10 Most Popular Analyst Calls to Watch This Week. Oracle Corporation (NYSE:ORCL) is one of the trending stocks. Karen Finerman, CEO & Co-founder, Metropolitan Capital Advisors, ...
Larry Ellison, Oracle’s co-founder and CTO, speaks at Oracle OpenWorld 2018. (Oracle Photo) Over the last few weeks and months, Oracle has laid off hundreds of employees at the Seattle office once ...
Oracle Corporation reportedly started a round of job cuts this month, with the cloud unit hit particularly hard. According to a report by Channel Futures, several hundred employees within the Oracle ...
Oracle (NYSE:ORCL) stock slipped after it moved to raise $15 billion in the U.S. investment-grade bond market on Wednesday, according to people familiar with the transaction. The company offers debt ...
Oracle's (NYSE:ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year or so, lower than what many equity analysts have forecast, The ...
Cloud major Oracle laid off more than 3,000 employees at the electronic healthcare records firm Cerner which it acquired for $28.4 billion, according to an IANS report. Citing current and former ...
Oracle Corporation (NYSE:ORCL) will release earnings results for the first quarter after the closing bell on Tuesday, Sept. 9. Analysts expect the Austin, Texas-based company to report quarterly ...
Part of the reason regulators are clamping down on global systemically important banks (G-Sibs) is to address a crucial weakness exposed in the financial crisis – the fact that many firms were unable ...
Oracle will spend around $40 billion on Nvidia’s higher-performance chips to power OpenAI’s new US data center, the Financial Times reported Friday. The data center, situated in Abilene, Texas, is ...
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