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'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 ...
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Oracle expected to slash thousands of jobs as massive AI spending creates financial cash crisis
Oracle reportedly planning massive layoffs involving thousands of employees as AI spending creates cash crunch. Job cuts ...
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.
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.
Oracle ( ORCL) will report fiscal third-quarter results on March 10 and its outlook on its Oracle Cloud Infrastructure unit ...
Oracle is navigating a high-stakes transition, balancing a debt load exceeding $100 billion with an aggressive pivot to become an "AI Cloud Landlord." ...
Oracle's latest earnings surpassed estimates, and remarks from executives calmed worries about the breakneck pace of AI infrastructure spending.
Before Oracle reported earnings on March 10, the narrative was ugly. Job cuts. AI cash crunch. A stock down 23% year to date. Reddit’s r/stocks was flooded with a thread titled “What is wrong with ...
Oracle raised its sales outlook as demand for artificial intelligence continues to outpace supply. Oracle said companies have ...
Evercore analyst Kirk Materne said Oracle's announcement of using $25B in debt and $25B in equity to capitalize itself, along ...
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