Revenue increased 6% from $13.3 billion in the same period last year. Net income rose 22% to $2.94 billion, or $1.02 a share, ...
As for guidance, Oracle said it’s expecting revenue growth of between 8% and 9% in the current quarter, trailing Wall ...
Oracle’s cloud may be been in the running to be the host of a massive AI training system for Elon Musk’s xAI startup, with a ...
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Investor's Business Daily on MSNOracle Stock Slips On Earnings Miss As Tech Giant Touts AI Demand, Stargate OpportunityOracle stock gained despite an earning miss as the tech giant touted AI demand and gave a strong sales outlook.
Shares of Oracle (ORCL) are up in after-hours trading after the tech firm reported earnings for its third quarter of Fiscal ...
ORCL's fiscal third-quarter results reflect strength in the cloud infrastructure segment due to demand for computing power ...
Following the earnings release, several analysts lowered their price targets on Oracle, citing concerns about slower revenue ...
Revenue in Oracle's cloud services business jumped 10% from a year earlier to $11.01 billion, accounting for 78% of total sales. The company's cloud infrastructure segment, which helps businesses ...
Oracle Corporation has marked yet another milestone in its cloud journey, solidifying its position as a leader in the ...
Oracle's competitive pricing and strategic positioning make it an ideal partner for OpenAI, complementing Microsoft's Azure and easing capacity constraints. Learn more on ORCL stock here.
Oracle CEO Safra Catz on Monday gave a strong growth outlook for its fiscal 2026 and 2027, indicating that the skyrocketing ...
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