Tag

Oracle

All articles tagged with #oracle

equities1 day ago•32 min saved

Oracle Bets Big on AI Agentic Apps as Stock Dips on Rotation

Oracle shares fell about 4% on Thursday as traders rotated into higher-beta names, even as the company rolled out Fusion Agentic Apps across sales, service, HR, finance and supply chain and updated its AI Database and financial-crime tools. The AI agents automate workflows using enterprise data and approvals, with Lucinity expanding Financial Crime capabilities. Updates to the AI Database promise higher availability (Platinum/Diamond tiers) and stronger security (post-quantum cryptography). Looking ahead, June 10, 2026 earnings are expected with EPS around $1.82 and revenue about $19.09B, with ORCL trading near $137 as heavyweight software ETFs influence trading.

via Benzinga|

#ai-database #enterprise-ai #equities

business11 days ago•3 min saved

Oracle offers up to 26 weeks severance for U.S. laid-off employees

Oracle is offering U.S. laid-off employees up to 26 weeks of severance (four weeks of base pay plus one week per year of service, capped at 26 weeks), with state WARN notice adjustments and a requirement that six months of work in the last year counts as a full year for calculation. Affected staff across Oracle Health, Sales, Cloud, Customer Success and NetSuite were notified early Tuesday, with some reports of being locked out of internal systems. Oracle declined to comment. The package aligns with recent Big Tech severance patterns while varying in components, and Oracle employs about 162,000 people as of May 2025.

via Business Insider|

#benefits #business #layoffs

business11 days ago•3 min saved

Oracle trims up to 30,000 jobs to bankroll its AI data-center build

Oracle reportedly cut 20,000–30,000 employees (about 18% of its 162,000-strong workforce) across the US, India, Canada and Mexico as part of a restructure to fund a large AI data-center build. Termination emails and system access were severed around 6 a.m.; Oracle hasn’t officially confirmed totals. TD Cowen estimates the cuts would free $8–$10 billion in cash flow to support roughly $156 billion in AI infrastructure capex, backed by $45–$50 billion in 2026 debt/equity financing. The company posted a 95% jump in net income last quarter and $523 billion in remaining performance obligations, signaling a capital-intensive bet despite strong profitability. Oracle has yet to comment publicly.

via The Next Web|

#artificial-intelligence #business #cloud-computing

business11 days ago•3 min saved

Oracle launches global workforce cuts, tying severance details to personal email

Oracle began global layoffs with notifications indicating immediate termination. Affected employees will be offered severance per the plan and must provide a personal email address for follow-up on separation documents and FAQs, which will be sent via DocuSign. Access to computers, email, and files will be deactivated, and employees are advised not to retain confidential Oracle data; questions can be directed to HR.

via Business Insider|

#business #docusign #layoffs

business11 days ago•3 min saved

Oracle trims workforce to fund AI-driven data-center push

Oracle began global layoffs as it tightens costs to back its AI-focused data-center expansion, including the Stargate project with OpenAI; the moves come as Oracle’s stock has fallen about 30% this year amid AI fears, with the company raising debt to fund the infrastructure push.

via Business Insider|

#ai #business #data-centers

business23 days ago•3 min saved

Jefferies flags Microsoft, Snowflake, Oracle as AI beneficiaries; Adobe and DocuSign at risk

Jefferies' CIO AI survey identifies Microsoft, Snowflake, and Oracle as top enterprise-software picks due to AI adoption, while Adobe and DocuSign are seen as most at risk from AI displacement; application software is viewed as more exposed to disruption than infrastructure software.

via Seeking Alpha|

#adobe #ai #business

business27 days ago•5 min saved

Microsoft and Oracle Lead the Pack as AI Disruption Reshapes Software Stocks

The software market is separating winners from losers amid AI disruption. Microsoft and Oracle appear resilient, with Microsoft’s intelligent cloud and Oracle’s compute power sales to OpenAI supporting growth, while peers like Adobe faced declines after mixed earnings and AI-driven competition, underscoring a shifting landscape for software stocks.

via Barron's|

#ai #business #earnings

policy27 days ago•45 min saved

Trump administration pockets a $10B fee from the TikTok deal

Sources cited by The Verge indicate the Trump administration is set to collect about $10 billion in a transaction fee from TikTok’s sale, to be paid by new investors including Oracle and Silver Lake, with roughly $2.5 billion already paid to the Treasury at close and the rest in installments; if accurate, the fee would represent over 70% of the deal’s value, illustrating ongoing government involvement in private business.

via The Verge|

#oracle #policy #tiktok

business28 days ago•2 min saved

US to pocket $10B fee as TikTok deal puts American investors in control

The Trump administration is reportedly set to receive a $10 billion transaction fee from investors who took control of TikTok's U.S. operations. Backers including Oracle, MGX, and Silver Lake paid $2.5 billion at closing in January and will continue paying until the total reaches $10 billion; under the deal, TikTok will operate in the U.S. with ByteDance sharing profits, while the government maintains a notable role in this private-sector arrangement.

via The Guardian|

#business #bytedance #oracle

business28 days ago•15 min saved

Oracle Poised for 150%+ Upside in 2026 Amid AI Cloud Push

Oracle surged after beating Q3 estimates, with bulls arguing more than 150% upside in 2026 driven by AI data-center investments and a record backlog in Remaining Performance Obligations. Guggenheim’s John DiFucci has ORCL as his Best Idea for 2026 with a $400 target, while the street’s average target (~$256) implies ~57% upside. The quarter posted EPS of $1.79 on revenue of $17.19B, up 22% year-over-year, underscoring strong cloud/AI demand and potential long-term cash-flow growth from Oracle’s AI/data-center investments and its bring-your-own-chip model.

via TipRanks|

#ai #business #cloud

business1 month ago•29 min saved

Oracle’s AI-Driven Cloud Push Delivers Record Q3 FY2026 Results

Oracle reported a standout Q3 FY2026 with total revenue of $17.2 billion, up 22% year over year, led by cloud revenues of $8.9 billion, up 44% (IaaS + SaaS) and IaaS growth of 84% while SaaS rose 13%. Remaining Performance Obligations reached $553 billion, up 325% YoY. GAAP EPS was $1.27 and non-GAAP EPS $1.79. Operating income was $5.46B GAAP and $7.38B non-GAAP; cash flow from operations year-to-date was $23.5B. The company kept its FY2026 revenue guidance at $67B and raised FY2027 revenue guidance to $90B, while declaring a $0.50 quarterly dividend. For Q4 FY26, it guided total revenue up about 18–21% in USD terms (roughly 19–21% in USD) and Cloud revenue up about 44–48% in constant currency (46–50% in USD), with non-GAAP EPS of about $1.92–$2.00 depending on currency.

via PR Newswire|

#ai #business #cloud

business1 month ago•5 min saved

Markets eye CPI as oil drama, Oracle surge, and AI-policy clashes loom

Futures are flat ahead of February’s CPI data as oil-market jitters persist after a miscaptioned Navy escort post, Oracle jumps on strong Q3 results and raised 2027 guidance, the Fed chair nomination saga surrounding Kevin Warsh faces hurdles, Anthropic lines up with Microsoft in a Pentagon AI battle while Alphabet expands ties with the Defense Department, and Amazon wins a temporary injunction against Perplexity’s Comet scraper even as it deals with outages; gas prices climb to about $3.54 per gallon.

via CNBC|

#amazon #anthropic #business

business1 month ago•2 min saved

Oracle rallies on AI cloud momentum and debt assurances

Oracle shares jumped after a strong fiscal Q3 that underscored robust AI cloud demand and a recalibration of its financing plans. CEO Magouyrk reiterated the bring-your-own-hardware model and said no additional 2026 bonds will be issued beyond previously announced plans, with up to $50 billion in 2026 raised via debt and equity. Q3 cloud revenue (infrastructure and SaaS) reached $8.9 billion, up 44% year over year, and Oracle has secured more than $29 billion of AI-related contracts, while delivering 90% of its 400 MW data centers on or ahead of schedule. Despite the optimism, the stock remains about 15% lower year to date.

via CNBC|

#ai #business #cloud-computing

business1 month ago•15 min saved

Oracle's Q3 Beat Signals Early AI Monetization Amid Strong Cloud Demand

Oracle beats Q3 estimates with $1.79 EPS on $17.19B revenue (+22% YoY); AI and cloud demand remain robust, and backlog rose to $553B, signaling early monetization of AI infrastructure. Wedbush calls the results a huge relief and notes AI monetization is starting, while Jefferies hails a clean beat across the board. Cloud growth was 41% year over year in constant currency, operating margin 42.9%; consensus rating remains Strong Buy with a substantial upside potential.

via TipRanks|

#ai #business #cloud

technology1 month ago•3 min saved

Ellison Says AI Won’t Trigger SaaSpocalypse for Oracle

Oracle chairman Larry Ellison, on the company’s earnings call, argues the AI-driven “SaaSpocalypse” won’t affect Oracle, saying the firm can use AI and agent-based software to disrupt ecosystems like healthcare and finance. CEO Mike Sicilia says Oracle is rapidly adopting AI and embedding AI agents into its SaaS offerings, stressing that customers aren’t ready to replace core systems—an optimistic stance echoed by peers who see AI transforming software rather than ending it.

via Business Insider|

#ai #larry-ellison #oracle