Oracle reported better-than-expected earnings and revenue for its fiscal fourth quarter.
By Courtney Rozen WASHINGTON, June 10 (Reuters) - President Donald Trump's administration has awarded Oracle a contract to ...
Oracle's (ORCL) stock fell after Q4 earnings as analysts highlighted gross margin pressure and capital raise plans.
Oracle investors didn't get what they wanted. But its earnings report was a good sign for other stocks in the AI trade.
The cloud giant's record quarter came with a reminder of just how expensive its artificial intelligence build-out has become.
The software and cloud-computing company reported cloud revenue rose 47%, including a 92% increase in cloud infrastructure ...
The cloud infrastructure and AI provider delivered everything investors were expecting. They wanted more.
Oracle is set to report earnings Wednesday afternoon, with the cloud computing giant's stock seen making a big swing after ...
The agency plans to consolidate more than 100 personnel systems into a single platform serving 2 million federal employees.
Oracle shares plunged after the tech giant said it expects to raise billions of dollars this fiscal year to fund its AI buildout. The news overshadowed record quarterly results and a record backlog.
Oracle Corp.’s bonds rallied on Thursday even as its shares tumbled, after the database giant calmed debt investors by saying ...