Oracle tumbles as tepid forecast fans cloud growth concerns
(Reuters) – Oracle shares fell 9% in premarket trading on Tuesday as another quarter of below-expectations cloud sales and a bleak forecast amplified concerns over the pace of growth at…
(Reuters) – Oracle shares fell 9% in premarket trading on Tuesday as another quarter of below-expectations cloud sales and a bleak forecast amplified concerns over the pace of growth at…
By Stephen Nellis (Reuters) – Oracle said on Tuesday that it would use Ampere Computing’s flagship processor chips in its cloud computing service, in a boost to the chip company…
By Stephen Nellis MENLO PARK, California (Reuters) – Oracle Corp is spending “billions” of dollars on chips from Nvidia Corp as it expands a cloud computing service targeting a new…
By Stephen Nellis MENLO PARK, California (Reuters) – Oracle on Wednesday said that it has modified its flagship database software to work on a new category of computing chip, starting…
By Stephen Nellis (Reuters) – Oracle Corp on Wednesday said it is adding generative artificial intelligence features to its human resources software for businesses, aiming to help draft job descriptions…
(Reuters) -Software firm Oracle on Thursday laid off hundreds of employees, rescinded job offers and cut back open positions within its health unit, the Insider reported, citing three people familiar…
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) – Oracle Corp and Nvidia Corp on Tuesday announced they are expanding their partnership and adding tens of thousands of Nvidia’s chips to…
(Reuters) – Oracle Corp has started to lay off employees in the United States, The Information said on Monday, citing a person with direct knowledge of the matter. The publication…
BRUSSELS – U.S. business software maker Oracle Corp has secured unconditional EU antitrust clearance for its $28.3 billion acquisition of U.S. healthcare IT company Cerner Corp, the EU competition enforcer…
By David Shepardson WASHINGTON – The U.S. Homeland Security Department said Thursday it was naming the chief executives of General Motors, United Airlines American Airlines, Bank of America, Oracle and…