Tag: Oracle Cloud
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Oracle Buys Fuel Cells
Oracle’s AI Power Surge: Massive Fuel Cell Deal Ignites Stock Rally and Data Center Race As hyperscalers grapple with an unprecedented energy crunch fueling the AI revolution, Oracle has struck a landmark deal to procure up to 2.8 gigawatts of Bloom Energy’s solid oxide fuel cell systems, propelling its shares up over 4% on Tuesday…
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Oracle Cuts 30,000 Jobs
Oracle’s Bold Bet on AI Triggers Largest Layoff Wave in Company History In late March 2026, thousands of Oracle employees awoke to automated emails declaring their positions eliminated, capping a decade-long tenure for some in a single, impersonal click. Reports peg the cuts at anywhere from 700 in California alone to a staggering 30,000 globally—nearly…
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Oracle’s $553B Backlog
# Oracle’s Agentic AI Offensive: From $553 Billion Backlog to Autonomous Enterprise Workflows Oracle’s fiscal third-quarter earnings revealed a staggering $553 billion in remaining performance obligations (RPO), up 325% year-over-year, fueled by hyperscale AI contracts where customers often prepay for GPUs or supply their own hardware Oracle Q3 FY2026 earnings analysis. This backlog, representing contracted…
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Oracle Meets Google Cloud
Introduction to a New Era in Cloud Computing The recent announcement of Oracle Cloud Infrastructure (OCI) GoldenGate on Oracle Database@Google Cloud marks a significant milestone in the evolution of cloud computing. This development is part of a broader trend of increasing collaboration and integration among major cloud players, driven by the growing demand for seamless,…
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Oracle Cloud Hits TikTok
Oracle Cloud’s TikTok Tumble: Reliability Under Fire On March 3, 2026, Oracle Cloud Infrastructure (OCI) in its US East (Ashburn) region buckled under an unspecified glitch, triggering connection timeouts, errors, and latency spikes that cascaded directly into TikTok’s US operations Oracle outage disrupts TikTok. Creators reported lags in posting content, echoing complaints from a mere…
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Oracle’s AI Push
Oracle’s AI Ambitions Face Earnings Spotlight Amid Stock Volatility As Oracle prepares to unveil its fiscal third-quarter results for the period ended February 2026, Wall Street anticipates a robust performance that could reaffirm its aggressive pivot to cloud infrastructure and AI services. Analysts project earnings per share of $1.70, marking a 15.7% year-over-year increase, alongside…
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Oracle’s Cloud Push
Oracle’s Ambitious Cloud Aspirations Oracle, a legacy software company, has been undergoing a significant transformation in recent years, with a focus on cloud infrastructure and artificial intelligence (AI). The company’s stock has experienced a rollercoaster ride, with a staggering 54.9% decline from its all-time high last September Is Oracle Stock a Millionaire Maker?. Despite this,…
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Oracle Wins $88M Air Force Deal
Oracle’s Cloud Surge: Defense Deals and AI Push Amid Stock Turbulence The U.S. Department of the Air Force’s $88 million task order to Oracle for Cloud Infrastructure services marks a pivotal acceleration in military cloud modernization, underscoring the company’s deepening entrenchment in high-stakes national security environments U.S. Department of the Air Force Accelerates Cloud Modernization…