By Juby Babu and Stephen Nellis March 10 (Reuters) - 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 ...
Analysts expect the group to cut jobs and sell some of its business units to support its AI investment push. Oracle has drawn down roughly $961mn from a $1.6bn pot it set aside at the start of the ...
Oracle Corp. brushed aside fears that artificial intelligence might be eating its software business today as it delivered a solid third-quarter earnings beat and lifted its revenue guidance for the ...
Oracle has proposed a more transparent approach to developing its open source database MySQL, including new features supporting vectors. As if answering recent criticism of Oracle's custodianship of ...
Oracle has made itself the king of the data center. It’s the fastest growing in the space.” That’s a strong statement, but the numbers behind it are hard to argue with. Oracle (NYSE:ORCL) has quietly ...
Earnings call Oracle posted over 20% organic revenue and non-GAAP EPS growth in USD for Q3 FY26, the first time in more than 15 years. AI infrastructure and multi-cloud database segments grew triple ...
For the first time in over a decade and a half, Oracle says it grew both revenue and earnings by at least 20% Oracle's stock was rising after Tuesday's earnings report. Oracle proved the ...
The race to build an AI ecosystem has propelled massive investments and brought the most unlikely players to the table. Oracle, the legacy enterprise software company launched in 1977 by co-founder ...
This Q3 was the first quarter in over 15 years where organic total revenue and non-GAAP earnings per share both grew at 20% or more in USD. Cloud revenue was at the high end of our guidance, total ...
The Austin-based tech company forecast $90 billion in revenue as investors watch whether its costly data center expansion will pay off.
Oracle co-CEO Mike Sicilia and Chief Technology Officer and co-founder Larry Ellison dismissed concerns around a “SaaSpocalypse” of more traditional enterprise software-as-a-service vendors getting ...
Oracle on Tuesday delivered a quarterly top- and bottom-line beat on the back of strong growth in its cloud computing business. The company also raised its fiscal 2027 revenue guidance, sending its ...