WASHINGTON, July 23 (Reuters) - The Pentagon announced on Thursday a nearly $7 billion, up-to-10-year agreement with Oracle to consolidate the department's on-premises software licenses into ‌a single ...

Oracle will supply on-premises software to the U.S. Department of Defense over 10 years in a contract worth up to $7 billion. The company's software is common inside large companies, but the business ...

Oracle stock crashed 43% from its year-to-date peak, yet a swelling backlog of signed AI compute contracts signals real demand, not speculation. OpenAI's delayed IPO triggered a 9% single-week drop in ...

Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital expenditures surged 162% in the latest fiscal year, with almost $24 ...

The layoffs came as Oracle accelerated its capital expenditures on artificial intelligence infrastructure. Following in the footsteps of numerous tech giants that are freeing up as much capital as ...

June 11 (Reuters) - Oracle shares tumbled 12% on Thursday as surging spending and a ballooning debt load fanned investor concerns about the cash burn in the company's push to build out AI ...

Oracle spent $55.7 billion on data centres in FY2026, overshooting its own $50 billion guidance. Revenue and cloud bookings beat estimates, but the stock fell 7% after hours on capex concerns and ...

The Office of Personnel Management on Wednesday awarded its anticipated contract to modernize and consolidate federal human resources functions to Oracle, capping a process that’s been over a year in ...

The Office of Personnel Management is using the contract to consolidate more than 100 systems into a single platform covering 2 million federal employees. The Office of Personnel Management is ...

SKID ROW bassist Rachel Bolan will release his debut solo album, "Gargoyle Of The Garden State", on June 12 via earMUSIC. The LP, which will be made available under the BOLAN banner, was produced by ...