Oracle also announced it will raise roughly $40 billion to pay for its data center buildout via a mixture of debut and equity ...
The stock is down 17% since the first of June, falling from the highs of the spring tech rally.
The Austin-based technology company topped forecasts, but investors focused on weaker cloud revenue.
Oracle Corp ORCL shares fell more than 11% on Thursday after the software giant reported fiscal fourth-quarter cloud revenue ...
The cloud giant's record quarter came with a reminder of just how expensive its artificial intelligence build-out has become.
Oracle reported better-than-expected earnings and revenue for its fiscal fourth quarter.
Oracle plans to cut nearly 30,000 jobs by mid-2026, despite strong growth in its AI and cloud sectors, as part of a strategic ...
Shares of Oracle (NYSE:ORCL | ORCL Price Prediction) are down 10% to $182.25 in early trading Thursday, following the company ...
Oracle (ORCL) reports Q4 earnings Wednesday. Analysts forecast $1.97 EPS, $19.1B revenue, and cloud infrastructure surge of 90.8% amid massive OCI backlog.
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Having made a raft of acquisition, the exchange operator is ...
Oracle's (NYSE:ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year or so, lower than what many equity analysts have forecast, The ...
Here's what could happen to ORCL shares next.
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