Oracle has confirmed plans to make the next major update to its 12c database available only in the cloud for a period of time to entice customers that currently run the software in their own data ...
Oracle Corp. ORCL stock tanked roughly 12% Thursday, its worst day in more than a year, after the company laid out an artificial intelligence spending plan far bigger than Wall Street had modeled. The ...
Oracle now sees at least $66 billion in fiscal 2026 revenue, around $1.5 billion more than analysts had expected. Capital spending also will increase. The company plans for over $104 billion in ...
Yesterday we highlighted Oracle’s massive $455 billion cloud backlog and the question of whether infrastructure spending would finally convert to sustainable margin expansion. This morning, investors ...
Oracle stock spiked almost 12% Tuesday to a record close, a day after the company reported fiscal third-quarter earnings that beat analysts' expectations. Shares closed at $127.54, above a previous ...
While Oracle topped Wall Street's earnings expectations, it fell short of revenue targets, and its surging capital expenditures are making shareholders uneasy. Oracle reported mixed earnings on ...