Oracle stock drops 11% after revenue miss despite strong cloud growth and an earnings beat. Heavy cloud spending and rising debt raise profitability and credit-risk concerns. A $523 billion backlog ...
Oracle ORCL has delivered impressive returns in 2025, with shares surging 44.5% year to date, outperforming the broader Zacks Computer and Technology sector’s growth, driven primarily by extraordinary ...
Oracle sees total revenue growing to $225 billion in fiscal 2030 Adjusted profit seen at $21 per share in 2030 vs $18.92 LSEG estimate Expects adjusted gross margins of 30-40% in AI cloud computing ...
Oracle pointed to a cloud deal from social media company Meta. At the same time, Oracle indicated that its core database and data platform business will grow. In 30 days during the current quarter, ...
Oracle Cloud Infrastructure on Tuesday announced it will deploy 50,000 Advanced Micro Devices graphics processors starting in the second half of 2026. The move is the latest sign that cloud companies ...
On Oct. 7, tech media outlet The Information reported that Oracle‘s ORCL graphics processing unit rental business generated a 14% gross margin in the quarter ended Aug. 31. Oracle shares were down as ...
Oracle on Monday named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was instrumental in shaping the company’s cloud strategy and thrusting it to the forefront of the ...
Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company’s focus on its rapidly expanding cloud computing business. The 39-year-old ...
Oracle is in talks with Meta over a $20 billion cloud computing agreement. Catz said they recently signed four multibillion-dollar contracts with three clients. Oracle is providing computing power for ...
In April 2009, Oracle Corp. made what at the time looked like a bad deal. Or at least that was the conventional wisdom. It announced that it was buying Sun Microsystems Inc. for $7.4 billion, or $5.6 ...
Oracle's stock surged as much as 43% on Wednesday, hitting a record high. Investors responded positively to an aggressive forecast for Oracle's cloud-computing business. The company is showing Wall ...
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