Oracle has reduced its workforce by nearly 21,000 employees during fiscal 2026, even as the technology giant doubles down on ...
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’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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