Oracle expected to report $16 billion revenue in Q3—can its AI and cloud expansion end a streak of revenue misses?

Oracle Corp. ORCL is set to report its fiscal third-quarter earnings on Tuesday. Analysts Expect Strong Revenue Growth Analysts expect Oracle to post third-quarter revenue of $16.9 billion, up from ...
Nasdaq

Oracle Recognized as a Leader in the 2025 IDC MarketScape Report for Worldwide Public Cloud Infrastructure as a Service

AUSTIN, Texas, Feb. 6, 2025 /PRNewswire/ -- Oracle has been named a Leader in the IDC MarketScape: Worldwide Public Cloud Infrastructure as a Service 2025 Vendor Assessment (doc #US51813824, ...
CNBC

Oracle soars 30% on cloud growth projections even as earnings miss estimates

Oracle said in its earnings report that remaining performance obligations jumped 359% from a year earlier. The company now sees $144 billion in cloud infrastructure revenue in the 2030 fiscal ...
Computing

Oracle plans thousands of job cuts amid soaring AI infrastructure costs, report

Oracle is planning significant job cuts and reviewing hiring as it invests heavily in AI infrastructure, raising concerns about the company's finances and future growth.
Nasdaq

Why Is Oracle (ORCL) Down 4.6% Since Last Earnings Report?

It has been about a month since the last earnings report for Oracle (ORCL). Shares have lost about 4.6% in that time frame, underperforming the S&P 500. But investors have to be wondering, will ...