Oracle ended its fiscal third quarter with $553 billion in remaining purchase obligations -- up 325% year over year.
Several global giants listed as victims of the Oracle EBS hack have remained mum on the impact of the cybersecurity incident.
Oracle is behind the AI demand curve, but this could spell accelerating growth and significant upside for investors.
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 ...
Worries that fast-advancing AI tools could upend software and services pummeled stocks in the sector last month. Oracle's ...
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 ...
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 ...
March 6 : Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas, part of the Stargate project, after negotiations dragged over financing and OpenAI's ...
March 5 (Reuters) - 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 on ...
US-based technology giant, Oracle Corp., on Monday, 2 February 2026, issued a clarification via a social media post that the deal between other big tech giants like Nvidia and OpenAI has no impact on ...
Two companies at the center of the artificial-intelligence data center investment boom are parting ways, according to a report from the Financial Times. Oracle and alternative investments firm, Blue ...