Oracle stock was lower Wednesday after the tech company reportedly cuts jobs within its fast-growing cloud infrastructure ...

Oracle Corporation has reportedly cut jobs in its cloud infrastructure division as part of a restructuring aimed at boosting ...

Oracle beat estimates for quarterly results and forecast second-quarter revenue growth above estimates on Monday, boosted by growing demand for its cloud offerings, sending its shares up over 9% ...

Quarterly revenue at Oracle's largest unit, cloud services and license support, came in at $11.70 billion, a 14% increase from last year.

During the previous quarter, revenue from cloud services and license support rose to $11.7 billion, exceeding the Street’s target of $11.59 billion, while cloud and on-premises license revenue ...

In a hostile takeover attempt, Oracle offered to buy rival PeopleSoft Inc. for $5.1 billion four days after PeopleSoft announced it would buy rival J.D. Edwards & Co. for stock initially worth $1. ...

Optimism surrounding Oracle’s ORCL cloud and AI infrastructure endeavors pushed its stock to an all-time high of $228 a share on Monday. This comes as the enterprise cloud leader has secured ...

The Texas-based company's cloud services quarterly revenue rose 14% to $11.70 billion. Its overall revenue of $15.90 billion beat estimates of $15.59 billion.At least nine brokerages have raised ...

Oracle on Tuesday said it is planning to add a second cloud region in Singapore to meet the growing demand for cloud services across Southeast Asia. “Our upcoming second cloud region in ...

One of the significant advantages of Compute Cloud@Customer lies in its scalability and adaptability. In fact, businesses can flexibly deploy Oracle Cloud services in a diverse range of cloud ...

Oracle's revenue for the fourth quarter jumped about 17% to $13.84 billion, beating analysts' estimates of $13.74 billion, according to Refinitiv. Cloud revenue rose 54% to $4.4 billion.

(Reuters) -Oracle raised its annual revenue growth forecast on Wednesday, betting on robust demand for its cloud offerings from companies deploying artificial intelligence, sending its shares up ...