Oracle might have an OpenAI problem. Oracle (ORCL) stock has tumbled over 40% from its September peak, erasing more than $360 billion from its market capitalization. Nearly $67 billion of that decline ...
Oracle (ORCL) stock fell nearly 11% Thursday after the tech firm's quarterly AI costs rose ahead of Wall Street's expectations and revenue fell short. Oracle reported capital expenditures of $12 ...
Oracle (ORCL) shares fell 7% in extended trading on Wednesday as the IT giant continued to rack up deals, but its fiscal second-quarter results were mixed compared to Wall Street's forecast. For the ...
The two-day festivities will showcase the future of entrepreneurship. Pharrell Williams’ Black Ambition will host its fifth annual Demo Day to champion diverse entrepreneurs and innovators. The ...
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 AI World is now well underway, with a heaping batch of Oracle AI news to dig into. Highlights included Oracle's expanded AMD partnership, Oracle's AI data platform, and today: Oracle's AI Agent ...
Oracle CloudWorld 2025 is scheduled for October 13–16, 2025, at The Venetian Conference and Expo Center in Las Vegas. The event offers a platform for professionals to explore Oracle's latest product ...
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 ...
While Oracle's latest quarterly results narrowly missed expectations, the company saw a big surge in contract signings in the period. The company expects its cloud infrastructure revenue to increase ...
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 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 ...
Catz stated, "For fiscal year 2026, we remain confident and committed to full year total revenue growth of 16% in constant currency." She added, "Total revenue are expected to grow from 12% to 14% in ...
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