Oracle shares surged about ⁠10% ⁠before the bell on Wednesday ⁠after the software giant's upbeat revenue forecast calmed worries over faster ​returns from its hefty spending on artificial intelligence ...

Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.

Oracle shares led the tech sector higher Wednesday as investors cheered the cloud giant's better-than-expected earnings and stronger outlook.

Oracle’s cloud segment, which now represents over half of the company’s sales, grew 44% from a year ago, to $8.9 billion.

Oracle's (ORCL) stock jumped on Wednesday after fiscal third-quarter results and outlook beat estimates and drew positive ...

The bearish perspective that Oracle is a legacy company losing the cloud battle is directly countered by the 84% increase in ...

Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...

Oracle posted earnings that topped Wall Street estimates and lifted its outlook, as strong AI demand drove its sales and backlog to record highs.

March 10 (Reuters) - Oracle 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 ...

Oracle (ORCL) shares were active in extended trading on Tuesday after the IT giant reported fiscal third-quarter results. Read for more.

Analysts expect Oracle to report third-quarter revenue of $16.90 billion, up from $14.13 billion in last year's third quarter, according to data from Benzinga Pro. The company has missed analyst ...

Rising debts and questions surrounding its deal with OpenAI have led to investor concerns about the stock. Investors should not lose sight of its improving financials and increasingly attractive ...