Oracle's cloud infrastructure business is accelerating rapidly, but investors should weigh the company's massive capital expenditure plans before buying shares.
Q3 FY2026 earnings call recap: 20%+ revenue/EPS growth, surging AI & multicloud database, $553B RPO, and outlook—read key takeaways.
Oracle co-CEO Mike Sicilia and Chief Technology Officer and co-founder Larry Ellison dismissed concerns around a “SaaSpocalypse” of more traditional enterprise software-as-a-service vendors getting ...
Shares of Oracle (ORCL) rose nearly 9% in Tuesday's extended session as investors gained confidence in the company's ability to turn its AI contracts into revenue. Revenue for the quarter was $17.2 ...
Oracle launched $50 billion financing plan to fund AI data centre expansion. Oracle raised $5 billion through a convertible preferred stock offering. The financing deal was oversubscribed, signalling ...
The cloud-computing company posted a profit of $3.72 billion and raised its fiscal 2027 revenue outlook to $90 billion as AI demand continues to outpace supply.
Oracle posted earnings that topped Wall Street estimates and lifted its outlook, as strong AI demand drove its sales and backlog to record highs.