While the company beat EPS estimates and increased its AI deal pipeline, concerns over its financing strategy remain.
Oracle missed a slew of Wall Street estimates for sales, operating profit and future cloud-computing contract growth, a sign ...
Shares of cloud computing giant Oracle plunged more than 10% in after-hours trading on Wednesday after the company's revenues ...
Oracle forecast sales and profit that missed analyst estimates on Wednesday, while saying that spending would rise by $15 ...
NEW YORK] Oracle posted disappointing cloud revenue, suggesting it will take longer than expected for the company’s recent ...
The software giant’s latest results is adding fuel to concerns over its ability to capitalize on the AI industry’s ravenous ...
By June, after a solid fiscal fourth-quarter report that showed cloud revenue up 27%, the stock had notched a 30% ...
Oracle’s data centers are purpose-built for artificial intelligence (AI). The tech giant is winning high-value contracts across the AI landscape. Oracle is working with AWS, Microsoft Azure, and ...
Three months ago, Oracle Corp.’s scorching earnings outlook sent the shares soaring to their best day in three decades. But a ...
SoftBank Group shares fell after Oracle's quarterly results rekindled concerns about how soon investments in artificial intelligence will turn into profits. Shares were recently 5.1% lower at 17,715 ...
Oracle Chief Executive Officer Larry Ellison unveiled a high-end server with more memory Sunday evening, and the tech company updated its flagship database to compete against SAP in meeting businesses ...
More than 80% of enterprises use a combination of Microsoft and Oracle to run their business. As organizations look to move those computing workloads out of their own data centers and into the cloud, ...
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