A Cerebras deal from one of the world's top cloud providers could be a big boon for a company that's trying to hit the public market.
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 ...
Oracle shares surged about 12% on Wednesday after the software giant's upbeat revenue forecast eased concerns over its hefty ...
Q3 FY2026 earnings call recap: 20%+ revenue/EPS growth, surging AI & multicloud database, $553B RPO, and outlook—read key takeaways.
Oracle's backlog was the centerpiece of the results. CEO Safra Catz revealed that the company's remaining performance obligation (RPO) -- a backlog of future sales -- rose to $553 billion, surging 325 ...
CEO Clayton Magouyrk said on the earnings call that the 'bring-your-own-hardware' model has been working and the company will not incur any more debt in 2026.
But did Oracle convince investors? Reading time 3 minutes In a third-quarter earnings report on Tuesday, tech giant Oracle announced quarterly revenue growth above expectations and an increased sales ...
According to him, Q3 earnings confirm that Oracle can deploy its huge backlog while maintaining healthy margins – which means there’s significant untapped upside – as ORCL stock is essentially ...
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 ...
Cloud and AI growth beat expectations while investors grow less worried about Oracle’s debt plans and software disruption.
Oracle shares led the tech sector higher Wednesday as investors cheered the cloud giant's better-than-expected earnings and stronger outlook.
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