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 Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider ...

OpenAI has struck a landmark deal with Oracle to buy $300 billion in computing power over five years, highlighting both the explosive rise of AI and the growing financial risks around it. People ...

Oracle has signed what may be the largest-ever cloud contract with OpenAI. How could that shake up the cloud and genAI landscape? A single $300 billion contract has seemingly transformed Oracle from a ...

Oracle sent its shares soaring after markets closed yesterday after reporting that it signed multiple multi-billion-dollar contracts with several customers. Now, we have an idea of who those customers ...

OpenAI signed a contract with Oracle ORCL-4.47%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...

Sept 9 (Reuters) - (This Sept 9 story has been corrected to say that Oracle's shares have risen 45% so far this year, not more than 107%, in paragraph 4) Oracle (ORCL.N), opens new tab said on Tuesday ...

Oracle has signed a cloud services contract worth $30 billion a year which will start hitting its books in fiscal year 2028, according to a company filing. In a fair disclosure filing with the ...

Larry Ellison says Oracle will build “more cloud infrastructure data centers than all its infrastructure competitors combined." Ellison, Oracle's founder and CTO, made the bold claim on the company's ...

Oracle finally confirmed in email notifications sent to customers that a hacker stole and leaked credentials that were stolen from what it described as "two obsolete servers." However, the company ...

Oracle has briefed some customers about a successful intrusion into its public cloud, as well as the theft of their data, after previously denying it had been compromised. Claims of a cyberattack on ...

A data breach Oracle initially denied has now been confirmed The company is reportedly now reaching out to affected customers Oracle is facing an alleged lawsuit Oracle has reportedly begun notifying ...