Oracle's decision to cut up to 30,000 jobs globally has raised serious questions across the tech industry, especially since the company continues to report strong revenue growth. The layoffs are not a ...
For many years, Amazon's (NASDAQ: AMZN) main breadwinner hasn't been e-commerce but rather its pioneering work in cloud computing, the Amazon Web Services (AWS) segment. But after more than a decade ...
Oracle spent much of the time this week at its OpenWorld trade show hyping its grid and database technologies and discussing its recent acquisition spree with the media, analysts and conference ...
Oracle Corp. fell short of expectations with its latest revenue and earnings Tuesday, but that didn’t matter to Wall Street in light of the big numbers the company revealed about its future. Oracle ...
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Explained: What's behind the Oracle rally
Oracle’s stock lifted Wall Street on Wednesday, soaring about 36% for its biggest single-day gain since 1992. The surge propelled CEO Larry Ellison to become the richest person in the world, ...
Amazon reported Q1 2023 earnings back in April, so let's get a quick refresh on the AWS outlook. Revenue from the cloud giant was up 16% year over year to $21.4 billion, half the growth rate being ...
While the latest earnings and revenue numbers come up short, Oracle impresses with its talk of new multibillion-dollar deals and big cloud projections Oracle's stock soared in after-hours trading on ...
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