Oracle bought 15% of TikTok's U.S. operations in January after China's ByteDance was forced by U.S. law to divest.
Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.
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 shares surged about 12% on Wednesday after the software giant's upbeat revenue forecast eased concerns over its hefty ...
Discover how Oracle's earnings report could influence its full-year 2026 guidance and long-term growth strategy. Read more here.
Oracle beats Q3 revenue forecasts, uses AI to boost productivity, restructures teams, and plans job cuts while expanding ...
Oracle Corp. ORCL reported upbeat financial results for the third quarter of fiscal 2026 on Tuesday after the market closed. Oracle posted third-quarter revenue of $17.19 billion, beating analyst ...
Oracle (ORCL) shares were active in extended trading on Tuesday after the IT giant reported fiscal third-quarter results. Read for more.
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Oracle blows investors away with 22% hyper growth—but cash flow crunches to negative $24.7 billion
Free cash flow at the enterprise software giant has tumbled over the past year as the company races to spend $50 billion on AI.
Oracle’s cloud segment, which now represents over half of the company’s sales, grew 44% from a year ago, to $8.9 billion.
Oracle Corp. engages in the provision of products and services that address aspects of corporate information technology environments, including applications and infrastructure technologies. It ...
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