Oracle’s $40 billion market cap loss exposed razor-thin AI cloud profit margins, raising doubts about the sustainability of its growth model. Analysts warn that circular financing among AI firms and ...
Oracle Corp. shares fell almost 7 per cent on Tuesday following a report that the profit margin in its cloud computing segment is lower than what many on Wall Street had estimated. During the three ...
Cybercriminals are targeting top executives with sophisticated email extortion schemes, claiming to have stolen sensitive data from Oracle business applications. Linked to the cl0p ransomware gang, ...
Oracle on Monday named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was instrumental in shaping the company's cloud strategy and thrusting it to the forefront of the ...
Oracle (ORCL) stock rose more than 6% Monday as the White House confirmed that the software giant is part of a consortium of investors that will control TikTok's US operations. The company also ...
Mike Sicilia, left, and Clay Magouyrk are Oracle’s new CEOs. - (L) Rod Lamkey/CNP/Zuma Press; (R) Chona Kasinger/Bloomberg News Oracle has appointed a pair of chief executives to take over the C-suite ...
IBM is building a complete AI strategy that links watsonx, Red Hat Linux, consulting, and specialized hardware. Consulting and large enterprise deals mean longer sales cycles and lumpy revenue, but ...
Oracle's cloud business is experiencing surging customer demand for AI computing power. The company believes its customer contracts could exceed a half-trillion dollars. Oracle founder Larry Ellison ...
Matthew Gooding is senior editor at Data Center Dynamics. He was formerly managing editor of Tech Monitor and business editor of Cambridge News. Oracle founder Larry Ellison is, by any definition, a ...
Oracle (ORCL) has stunned Wall Street with a record-breaking rally, surging 40% in a single day and adding more than $250 billion in market value. It also pushed co-founder Larry Ellison past Elon ...
Oracle CEO Net Worth: In the historic rally of Oracle Corp shares following the strong future outlook in the company’s first quarter earnings for FY26, CEO Safra A. Catz got richer by $412 million ...