Oracle on Tuesday predicted that the AI data center boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8.3% in extended trading. Oracle has made a dramatic ...
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 ...
The Austin-based tech company forecast $90 billion in revenue as investors watch whether its costly data center expansion will pay off.
Oracle’s shares climbed as much as 10 per cent on Tuesday after it posted better than expected earnings and revenue guidance as it tried to reassure investors about its big bet on AI data centres. The ...
Oracle execs tried to calm investor fears that AI will replace traditional software tools.
For the first time in over a decade and a half, Oracle says it grew both revenue and earnings by at least 20%.
This transaction closed in March 2026. Kirkland & Ellis LLP served as legal advisor to Argano. Ernst & Young provided financial diligence advisory. Alantra Partners S.A. served as exclusive financial ...
Oracle Corp. shares gained almost 10% in extended trading after the company posted strong results and gave an outlook that suggested there is little letup in demand for AI computing.
The company is working to deliver on massive cloud infrastructure contracts with customers Read more at The Business Times.
Big Red waves new features including vector support, while skeptics await concrete timescales Oracle has proposed a more transparent approach to developing its open source database MySQL, including ...
Breakthroughs in Agentic AI, AI-Ready Data Platforms, and Code-First APEX Development PLANO, TX, UNITED STATES, March ...
March 10 (Reuters) - Oracle beat Wall Street estimates for third-quarter revenue on Tuesday, as robust demand for its cloud computing ‌services, driven by the artificial intelligence boom, and sending ...