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Oracle (ORCL) is down sharply in 2026, but analysts stay bullish on cloud growth, backlog and upside potential.
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday.
The company released its latest earnings last month.
Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital ...
Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.
Other takeaways from the filing, the company's guidance and a prospectus on its capital needs suggest that Oracle's capex ...
The cloud infrastructure and AI provider delivered everything investors were expecting. They wanted more.
June 22 (Reuters) - Oracle's total workforce declined 13%, or about 21,000 employees, in fiscal 2026, as the cloud computing giant continued restructuring its business, partly driven by the adoption ...