Adjusted EPS guidance for Q2 CY2026 is $1.98 at the midpoint, above analyst estimates of $1.92 Starting as a database company ...
Oracle shares surged about 12% on Wednesday after the software giant's upbeat revenue forecast eased concerns over its hefty spending on artificial intelligence ​infrastructure.
Oracle execs tried to calm investor fears that AI will replace traditional software tools.
March 5 (Reuters) - Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a ...
Microsoft is in advanced talks to lease hundreds of megawatts of data center capacity at a closely watched artificial intelligence campus in Abilene, Texas, after rival Oracle walked away from the ...
Oracle ORCL-N beat Wall Street estimates for third-quarter revenue on Tuesday, as robust demand for its cloud computing services, driven by the artificial intelligence boom, helped the company compete ...
Oracle Corp. posted quarterly cloud revenue that was better than expected and projected strong sales in the upcoming fiscal year, a sign the company is making good on its massive AI bookings.
Few stocks have been hit harder by investors’ rising skepticism around artificial intelligence than Oracle Corp. And there may be little the company’s upcoming earnings can do to change that sentiment ...
IRAN has threatened to bomb banks and American companies in Dubai, Israel and across the Gulf as war in the Middle East rages ...
The layoffs are reportedly expected to be far more than Oracle’s usual rolling job reductions, and some of them will include cutting back on categories that can be bolstered using AI. ・Oracle has ...
The Oro Valley Police Department said there was a two-vehicle crash near Oracle and Magee.
Rising geopolitical tensions in the Middle East, alongside US oil prices toping $85 for the first time since April 2024, are ...