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We are putting out as much capacity as we possibly can,” CEO Safra Catz said during a Wednesday earnings call.
Enterprise cloud giant, Oracle Corp., highlighted its strategic edge in the intensifying global AI race, something that ...
Last week, markets closed in the green, with the Dow, S&P 500, and Nasdaq all notching gains amid a bumper crop of political ...
The new week kicks off with Apple’s Worldwide Developers Conference that runs from Monday through Friday. The Apple faithful ...
Oracle’s CTO Larry Ellison has claimed that the company will build “more cloud infrastructure data centers than all of our ...
Oracle shares surged 14% to breach the $200-mark for the first time on Thursday, after the company raised its annual revenue ...
Catz raised Oracle's fiscal year 2026 revenue guidance to at least $67 billion, representing 16% growth in constant currency. She added, "I expect that total cloud revenue will grow over 40% in ...
Oracle knew that a massive wave of orders was coming, but they refused to build out infrastructure until contracts were signed. They faced an impossible choice: Insufficient capacity or excess ...
Oracle shares soared 15% on Thursday and headed for a record close and their best day since 2021, after the database software vendor issued robust earnings and a strong forecast, fueled by growth in ...
Oracle (NYSE:ORCL) reported its fiscal 2025 fourth-quarter results on June 11, delivering quarterly revenue of $15.9 billion (up 11%) and annual revenue of $57.4 billion (up 9%), surpassing earlier ...
The S&P 500 posted gains thanks to optimism from Oracle's forecasted AI revenue growth, which overshadowed market concerns over Boeing's crash and Middle East tensions. Tech giants like Microsoft and ...
Oracle shares soared Thursday after the enterprise software giant’s quarterly results and sales outlook sailed past Wall Street expectations. Monitor these important chart levels.
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