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 ...
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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'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 (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 ...
Evercore analyst Kirk Materne said Oracle's announcement of using $25B in debt and $25B in equity to capitalize itself, along ...
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 beats earnings and raises guidance as AI cloud demand grows, with analysts pointing to strong long-term growth ...
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.
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