Oracle (ORCL) has fallen 35% YTD, but Guggenheim's John DiFucci maintains a $400 price target, calling it his top software pick for 2026. Microsoft (MSFT) is off 17% and Salesforce (CRM) down 34% YTD, ...
Oracle remains a sell as aggressive $70B annual data center spending outpaces revenue growth, straining the balance sheet. CapEx surged 162% to $55.7B in FY26, driving free cash flow to negative ...
Oracle (ORCL) trades at just 16x forward earnings despite 93% cloud infrastructure growth and a $638 billion contracted backlog. $55.66 billion in AI capex drove negative free cash flow, but funds ...
Oracle has quietly axed 21,000 workers in a massive jobs bloodbath as it pours billions into artificial intelligence, all while admitting the technology is helping eliminate positions. The scale of ...
It has now been more than nine months since Oracle's report for the first quarter of fiscal 2026 (ended Aug. 31, 2025). At the time, its remaining performance obligation (backlog) in fiscal Q1 had ...
Oracle reduced its workforce by 21,000 employees in fiscal 2026, according to the company’s annual 10-K filing. The software giant cut its global staff by 13% to 141,000 full-time workers as of May 31 ...
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Badly damaged tech company Oracle (NASDAQ: ORCL) fired 21,000 people. It said they were being replaced by AI. It is 13% of the company’s total workforce. Oracle took a charge of $1.84 billion. In its ...
SUNNYVALE, Calif.--(BUSINESS WIRE)--Azul, the trusted leader in enterprise Java for today’s AI and cloud-first world, today announced that EWE AG, one of Germany’s leading energy and infrastructure ...
June 22 (Reuters) - Oracle's (ORCL.N), opens new tab total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing giant continued restructuring its business, partly ...
Oracle warned its corporate customers that there is a critical-rated vulnerability in its PeopleSoft software, which is used by large companies to manage payroll and human resources, a day after a ...
Oracle PeopleSoft servers are being targeted in ongoing data theft attacks by the ShinyHunters extortion gang, which claims to have stolen data from over 100 organizations. PeopleSoft is an enterprise ...