The cybercrime group ShinyHunters claimed to have hacked Oracle PeopleSoft servers at over 100 organizations, mainly universities, stealing sensitive data including student home addresses, phone numbers, emails, and birth dates. PeopleSoft software manages payroll, HR, and administrative tasks, making this breach significant for data security. The group initially aimed to hack an FBI PeopleSoft server but failed. This incident highlights ongoing risks in widely used enterprise software and the increasing scale of cyberattacks.
Foreign investment in the US jumped 49.5% to $232.2 billion in 2025 after four years of decline, largely due to companies seeking to avoid President Trump's tariffs and benefiting from a weaker US dollar. The largest investments were in publishing, c...
Oracle reported record revenue of $19.18 billion and exceeded earnings expectations, growing its contract pipeline to $638 billion. However, the company ended the year with a negative free cash flow of $23.69 billion. Investors remain concerned about...
Oracle reported better-than-expected earnings and revenue for its fiscal fourth quarter, with revenue up 21% year-over-year to $19.18 billion and adjusted earnings per share of $2.11 beating estimates. The company maintained its $90 billion revenue g...
Oracle announced record Q4 fiscal 2026 results with total revenues up 21% to $19.2 billion, driven by a 47% increase in cloud revenues, including 93% growth in Cloud Infrastructure (IaaS). Earnings per share rose 21% GAAP to $1.45 and 24% non-GAAP to...
Oracle's stock is expected to increase by about 34% over the next three years, fueled by rapid growth in its multicloud database and AI infrastructure segments, which grew 531% and 243% year-on-year respectively. The company’s strategic partnerships ...
