Oracle's backlog was the centerpiece of the results. CEO Safra Catz revealed that the company's remaining performance obligation (RPO) -- a backlog of future sales -- rose to $553 billion, surging 325 ...
Oracle reported third-quarter revenue of approximately $17.2 billion in early March, a 22% increase year-over-year. The company's remaining performance obligations — contracted future revenue not yet ...
Oracle's latest results clearly suggest that its investments in AI infrastructure are paying off.
Shares of Oracle and chipmakers rose on Wednesday after a strong earnings report signaled AI demand remains healthy, but ...
Oracle reportedly planning massive layoffs involving thousands of employees as AI spending creates cash crunch. Job cuts ...
Oracle is no longer just the established enterprise database company many investors remember. Over the past few years, it has ...
Oracle generated $17.2 billion in total revenue during its fiscal 2026 third quarter, which was a 17% increase from the ...
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.
Evercore analyst Kirk Materne said Oracle's announcement of using $25B in debt and $25B in equity to capitalize itself, along ...
Oracle Corp's ORCL latest earnings results may signal a broader trend for ETF investors: demand for artificial intelligence (AI) infrastructure is far from slowing. The company's remaining performance ...
The Austin-based tech company forecast $90 billion in revenue as investors watch whether its costly data center expansion will pay off.
Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.