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Oracle

Oracle climbs, Bloom Energy spikes 20% with AI deal

Oracle's stock rose 5% on Tuesday as software shares bounced back for a second consecutive session, and the company expanded its capacity deal with Bloom Energy.

14 Apr 2026-19:55
Oracle names Hilary Maxson as new CFO

Oracle has appointed Hilary Maxson as its new chief financial officer, effective immediately, as the company accelerates investments in artificial intelligence and cloud infrastructure.

06 Apr 2026-16:22
Debris from aerial interception hits Oracle building in Dubai

Authorities responded to a minor incident in Dubai Internet City after debris from an aerial interception fell on the facade of the Oracle building, the Dubai Media Office said.

04 Apr 2026-09:27
Oracle faces backlash over visas amid layoffs

Oracle is facing mounting criticism after filing thousands of H-1B visa applications to hire foreign workers while simultaneously cutting thousands of jobs globally.

03 Apr 2026-10:00
Iran's IRGC claims strike on Oracle data center in Dubai

The navy command of Iran’s Islamic Revolutionary Guard Corps (IRGC) claimed it launched an attack on a data center belonging to the US technology firm Oracle in Dubai.

02 Apr 2026-23:32
Oracle layoffs tied to severance sign condition

Oracle is reportedly carrying out its largest-ever round of layoffs, with estimates suggesting up to 30,000 jobs could be affected globally as the company accelerates its push into artificial intelligence infrastructure.

01 Apr 2026-11:49
Why Oracle is cutting thousands of jobs worldwide

Oracle has begun a significant round of global job cuts in 2026, affecting employees across multiple regions and divisions.

31 Mar 2026-20:57
Employees stunned as Oracle announces major global job cuts

Oracle has begun laying off employees across its global offices, with staff in the U.S., India, and other regions receiving termination emails as early as 6 a.m. EST on Tuesday.

31 Mar 2026-15:58
Microsoft to rent Texas AI data center abandoned by Oracle

Microsoft has agreed to lease a data center in Abilene, Texas, a project originally planned for Oracle and OpenAI.

24 Mar 2026-20:57
Oracle lifts 2027 revenue forecast amid booming AI demand

Oracle on Tuesday predicted that the AI data center boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8.3% in extended trading.

11 Mar 2026-10:07

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