Oracle's latest results clearly suggest that its investments in AI infrastructure are paying off.
A Cerebras deal from one of the world's top cloud providers could be a big boon for a company that's trying to hit the public ...
Oracle shares surged about 12% on Wednesday after the software giant's upbeat revenue forecast eased concerns over its hefty ...
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 ...
On Tuesday, Oracle Corporation said its rapidly expanding AI data center business is already profitable, though heavy ...
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 ...
The Austin-based tech company forecast $90 billion in revenue as investors watch whether its costly data center expansion will pay off.
Oracle Corp. ORCL is set to report its fiscal third-quarter earnings on Tuesday. Analysts Expect Strong Revenue Growth ...
Oracle Corp (NYSE:ORCL, XETRA:ORC) shares jumped nearly 10% in Wednesday trading following a fiscal third-quarter report that highlighted accelerating cloud growth and expanding AI infrastructure ...
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 ...