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Oracle reports on June 10, and its cloud backlog could be the next big test for the AI infrastructure trade
Oracle reports fiscal fourth-quarter results after the close on Wednesday, June 10. Its backlog of signed contracts has swelled past $550 billion, driven by large AI deals. How fast that backlog grows ...
Oracle refutes claims that security issues ended the $3 billion Microsoft partnership.
Oracle reported its fourth quarter earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom lines but missing on cloud revenue. Oracle also annou ...
Reports over the weekend indicated that Oracle has experienced two separate data breaches in recent months, one affecting Oracle Health customers and another said to result from an exploit targeting ...
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 ...
Oracle said on Tuesday that details in a Business Insider report on the collapse of its discussions with Microsoft over a potential leasing deal were inaccurate. The report had said that ...
Oracle 30,000 job cuts incoming: Nearly 18% workforce may be affected despite AI and cloud expansion
Oracle could complete nearly 30,000 layoffs by mid-June 2026 as it expands AI and cloud infrastructure investments despite reporting strong revenue growth and rising demand for AI services.
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
This concludes TheStreet’s coverage of Oracle’s Q4 2026 earnings. While the hyperscaler bested analyst expectations to cap off its fiscal year 2026, the company also spent more than expected on its ...
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