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 Corp. shares gained almost 10% in extended trading after the company posted strong results and gave an outlook that suggested there is little letup in demand for AI computing.

The Austin-based tech company forecast $90 billion in revenue as investors watch whether its costly data center expansion will pay off.

The company is working to deliver on massive cloud infrastructure contracts with customers Read more at The Business Times.

Oracle stock jumped late Tuesday after the enterprise and cloud-computing giant company reported fiscal Q3 results.

Oracle (ORCL) will report fiscal third-quarter results late Tuesday as the stock remains pressured by concerns over its expensive AI initiatives. Analysts project EPS of roughly $1.70 on revenue near ...

Analysts expect the group to cut jobs and sell some of its business units to support its AI investment push. Oracle has drawn down roughly $961mn from a $1.6bn pot it set aside at the start of the ...

Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Oracle Corporation Third Quarter Fiscal ...

Earnings call Oracle posted over 20% organic revenue and non-GAAP EPS growth in USD for Q3 FY26, the first time in more than 15 years. AI infrastructure and multi-cloud database segments grew triple ...

Oracle is preparing broad job cuts as it tries to contain the cost of a major AI data center push. The company is also launching new AI software, which shows a ...

Oracle Corp. today unveiled dozens of new prebuilt artificial intelligence agents across its Fusion Cloud Applications suite, spanning marketing, sales, service and supply chain functions. The more ...