NetApp and Oracle to Launch Fully Managed Cloud Storage Service for Demanding AI and Enterprise Workloads

NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, and Oracle today announced a new fully managed storage ...
24/7 Wall St.

Oracle Drops 6% as Selloff Runs Ahead of the Cloud Group; Snowflake Slips, CoreWeave Barely Budges

Oracle (NYSE:ORCL | ORCL Price Prediction) stock is down 6% to $136.73 in morning trading, a sharp move that has the company ...

Oracle cloud layoffs hit developers, engineers hardest

A leaked document covering 546 employees in Oracle's cloud infrastructure division shows software developers made up about 17% of the cuts ...

Revealed: The Oracle cloud roles hit hard by layoffs

Business Insider obtained a previously unreported document showing the scale and scope of the cuts at Oracle's cloud infrastructure division.

Surging cloud revenue boosted Oracle’s quarterly results. Here’s what analysts are saying

The software giant reported a surge in cloud infrastructure revenue during its latest quarter. Here's what Wall Street analysts are saying.
Business Insider

Oracle maintains its capex forecast and reports cloud growth, sending shares up 7%

Oracle is holding the line on its data center spending forecast. On Thursday, Oracle reported $28.5 billion in first-quarter capital expenditures, up from $8.5 billion a year earlier. It kept its ...
Investopedia

Oracle Stock Jumps as AI Demand Drives Cloud Revenues Higher

Kara Greenberg is a senior editor for Investopedia, where she covers markets and investing news. Prior to joining Investopedia, Kara was a researcher and editor at The Wire China. Earlier in her ...
irblog.prnewswire.com

Oracle Announces Q1 Results Driven by Triple Digit Growth in Cloud Infrastructure Revenues

(1) The sum of the quarterly information presented may vary from the year-to-date information presented due to rounding. (2) We compare the percent change in the results from one period to another ...
Bloomberg

Oracle’s Cloud Revenue More Than Doubles, Margins Shrink

Oracle Corp. delivered quarterly cloud computing revenue that exceeded Wall Street’s expectations, though the company’s gross margins narrowed. Sales in the closely watched cloud infrastructure ...
investors

Oracle Stock Jumps on Expanded Google Gemini Partnership, Strong Microsoft Cloud Results

Beaten-down Oracle (ORCL) stock got a big lift Thursday following news that it will expand a partnership with Google parent Alphabet (GOOGL). Strong results from enterprise tech rival Microsoft (MSFT) ...
InfoQ

Oracle Quietly Halves Free Tier Ampere A1 Compute Limits with No Public Announcement

A monthly overview of things you need to know as an architect or aspiring architect. Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with ...
Inc.

Why Oracle Is Cutting 30,000 Jobs Despite a Massive $6 Billion Quarterly Income

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...