Oracle Corporation (NYSE: ORCL) spent two decades as a database giant before pivoting hard into cloud infrastructure. That ...
The company raised its fiscal year capital investments forecast by $15 billion as its cloud backlog surpassed $500 billion.
Oracle's latest earnings report was supposed to showcase how aggressively the company has pivoted to artificial intelligence, ...
(Reuters) -Oracle raised its annual revenue growth forecast on Wednesday, betting on robust demand for its cloud offerings from companies deploying artificial intelligence, sending its shares up more ...
Oracle's cloud segment surged 34% YoY, now its primary growth engine, while legacy software declined 3%. Learn why ORCL stock ...
Database giant Oracle Corp.’s stock moved up more than 7% in extended trading today after reporting financial results that surpassed analysts’ expectations and saying it expects cloud growth to ...
Oracle’s ORCL multi-cloud strategy is fast becoming a powerful catalyst for long-term growth. By integrating Oracle Cloud Infrastructure (OCI) with hyperscalers such as Amazon Web Services (AWS), ...
Oracle’s AI cloud offerings have shown unprecedented rapid growth. The company offers customized cloud infrastructure deployments that differentiate it from the competition. Demand for its AI cloud ...
Oracle (ORCL -8%) is lower following its Q2 (Nov) earnings report last night. The company reported a slight EPS miss, its second miss in the past three quarters. Revenue rose 8.6% yr/yr to $14.06 bln, ...
(Reuters) -Oracle beat estimates for quarterly results and forecast second-quarter revenue growth above estimates on Monday, boosted by growing demand for its cloud offerings, sending its shares up ...
Oracle stock fell late Wednesday after the tech giant in the center of the AI debate reported mixed fiscal Q2 results.
(Reuters) -Oracle shares surged 14% to breach the $200-mark for the first time on Thursday, after the company raised its annual revenue forecast, driven by strong demand for its AI-related cloud ...