Oracle Corporation's rally was fueled by multiple expansion, not just earnings, as investors bet on Oracle’s unique position.
Oracle named insiders Clay Magouyrk and Mike Sicilia as co-CEOs on Monday, replacing Safra Catz, who was at the helm of the ...
Oracle has initiated a new wave of global layoffs, impacting thousands of employees across the US, India, Philippines, Canada, and Europe. The cuts extend beyond Oracle Cloud Infrastructure to include ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...
Oracle's stock surged as much as 43% on Wednesday, hitting a record high. Investors responded positively to an aggressive forecast for Oracle's cloud-computing business. The company is showing Wall ...
Oracle’s ORCL remaining performance obligations for the first quarter increased 359% to $455 billion, primarily due to expanding relationships with large language model providers. Management also ...
Oracle's stock surged 36% after reporting record future revenue obligations. Jefferies sees more upside, lifting its stock price target to $360 on cloud and AI growth. Analysts point to Oracle's ...
Together, they constitute a "full stack" approach to AI, with data centers on one end and domain-specific software on the ...
Sept 9 (Reuters) - (This Sept 9 story has been corrected to say that Oracle's shares have risen 45% so far this year, not more than 107%, in paragraph 4) Oracle (ORCL.N), opens new tab said on Tuesday ...