Oracle has plowed more than $20 billion into capital expenditure in the first half of its financial year, as the tech company rushes to build out data centers for artificial intelligence. Oracle said ...
Oracle (ORCL) shares fell 7% in extended trading on Wednesday as the IT giant continued to rack up deals, but its fiscal second-quarter results were mixed compared to Wall Street's forecast. For the ...
The database giant reported a mixed second quarter, beating earnings estimates with a 54% jump in adjusted EPS to $2.26, but missing revenue expectations at $16.06 billion. However, the focal point ...
Seeking Alpha analysts turned bullish on Oracle Corporation (ORCL) this week as the database software maker posted its worst weekly performance in more than seven years on Friday after its fiscal Q2 ...
Oracle’s $2.26 EPS beat relied on a $2.7B one-time gain. Core earnings missed at $1.33 versus $1.64 expected. CapEx guidance jumped $15B to $50B for fiscal 2026. Free cash flow burned $10B for the ...
Dec 11 : Oracle shares slumped nearly 11 per cent in premarket trading on Thursday after downbeat forecasts and higher capex fanned worries that its massive AI investments are taking longer than ...
Oracle's first-quarter results, announced in September, delivered a significant positive surprise that outweighed modest revenue shortfalls. Although revenue of $14.9 billion and adjusted earnings per ...
Technology giant Oracle Corporation (NYSE: ORCL) could serve as a bellwether for multiple sectors like big tech, AI, and cloud when the company reports second-quarter financial results on Wednesday ...
Shares of cloud computing giant Oracle plunged on Thursday, after weaker-than-expected revenues stoked concerns about returns from massive spending on artificial intelligence. The company's shares ...
Oracle has added support for mixed node clusters in its OCI Kubernetes Engine (OKE) service, diversifying Kubernetes workload management within Oracle Cloud Infrastructure. OKE now offers three node ...
US Stock Market today: The benchmark indices opened with a set of mixed emotions on Thursday, as investor concerns loomed over Oracle's artificial intelligence (AI) spending plans, which took over the ...
Oracle shares weighed on the tech-heavy Nasdaq composite, but the Dow industrials and S&P 500 rallied to new records. The enthusiasm in the broader stock market extended a move from Wednesday that ...