Oracle stock jumps 9% on earnings beat and increased guidance as cloud revenue climbs 44%

Oracle's overall revenue increased 22% year over year in the fiscal third quarter, which ended on Feb. 28, according to a statement. Net income rose to $3.72 billion, or $1.27 a share, from $2.94 ...

Oracle earnings will show whether its expensive AI bet is starting to pay off

Oracle's $300 billion deal with OpenAI established it as a major player in AI cloud computing alongside Amazon, Google and ...

Oracle disputes reports on Abilene AI data center expansion

Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...
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'Fundamental misunderstanding': Oracle refutes recent media reports about Abilene data center

ABILENE, Texas (KTAB/KRBC) – Oracle is refuting recent media reports about their data center in Abilene, saying they are “inaccurate” and there is a “fundamental misunderstanding.” In a statement ...