Oracle News - March 2026
Oracle Fires Up to 30,000 Workers to Bet Everything on AI — Can Larry Ellison's Gamble Pay Off Before the Cash Runs Out?
Shares jumped +3.0% to $142.97 as Oracle executed what analysts call the largest layoff in the company's history, axing an estimated 20,000 to 30,000 employees...
Oracle Cuts Up to 30,000 Jobs, Funding $10 Billion AI Expansion
Oracle initiated a major round of global layoffs on March 31, 2026. Management notified affected staff via early morning emails without prior...
Oracle Launches Autonomous AI Agents, BofA Sets $200 Price Target
Oracle launched Fusion Agentic Applications, a new class of AI-powered tools embedded within its Fusion Cloud suite. These applications utilize specialized...
Oracle issues emergency patch, citing critical 9.8 security flaw
Oracle issued an emergency, out-of-band security patch for a critical vulnerability designated CVE-2026-21992. The flaw affects Oracle Identity Manager and...
TikTok investors pay US $10 billion fee, citing government brokering role
The Trump administration will receive approximately $10 billion from investors in TikTok’s U.S. business. An investor group including Oracle, Silver Lake, and...
🟢 ORCL is trading 10.48% up today after beating Q3 estimates behind 84% cloud infrastructure growth
ORCL is trading at $165.05 (+10.48%) in pre-market following strong Q3 FY26 results that exceeded analyst expectations on both the top and bottom lines. •...
Oracle's third quarter 2026 results beat estimates, driven by an 84% surge in Cloud Infrastructure revenue.
Oracle reported third quarter fiscal 2026 revenue of $17.2 billion, up 22% year-over-year, and non-GAAP EPS of $1.79, up 21%. Both figures significantly...
Oracle and OpenAI Scrap Texas Stargate Expansion as Meta Eyes Site
Oracle and OpenAI canceled plans to expand a major artificial intelligence data center in Texas. The expansion was a component of the Stargate...