Bank of America reinstates Oracle (ORCL) with a Buy and $200 target, citing $553B RPO and AI cloud demand—plus key risks.
Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...
Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...
Oracle (ORCL) stock rocketed higher after the company beat Wall Street's expectations on the top and bottom lines for its Q3 earnings on Tuesday and raised its 2027 revenue guidance to $90 billion.
Oracle's third-quarter cloud infrastructure revenue surged 84% year over year, accelerating significantly. The software giant's remaining performance obligations climbed to a staggering $553 billion.
Oracle has surprised the Wall Street on March 10 by reporting its best fiscal quarter in 15 years. Revenue for the third quarter of fiscal; 2026 has increased 22% to $17.2 billion, while the cloud ...
Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort. The job reductions will affect divisions across the company ...
Oracle is reportedly planning to cut jobs over the next coming months. According to a report by Financial Times, the company’s filing with the US Securities and Exchange Commission recently revealed a ...
Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported Thursday. Long a smaller ...
Much like its peers in the tech industry, Oracle is pouring money into AI infrastructure. In a bid to compete with companies like Amazon and Microsoft, the tech giant inked a lucrative $300 billion ...
CNBC's Seema Mody joins 'Closing Bell Overtime' with Oracle quarterly results. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your ...
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please ...