Wall Street gave Oracle (ORCL) stock a reprieve from the dog house on Wednesday after the company reported better-than-expected third quarter results and revised its fiscal 2027 revenue higher to $90 ...

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 (ORCL) stock rocketed higher after the company beat Wall Street's expectations on the top and bottom lines for its Q3 earnings on Tuesday and raised its 2027 revenue guidance to $90 billion.

Oracle stock popped as the company reported strong fiscal third-quarter earnings and reassured investors about its AI cloud computing plans. CEO Clayton Magouyrk touted Oracle's ...

Oracle's third-quarter cloud infrastructure revenue surged 84% year over year, accelerating significantly. The software giant's remaining performance obligations climbed to a staggering $553 billion.

Oracle’s Larry Ellison told investors the company can ‘build more software in less time with fewer people’ using AI. Unsplash Oracle is reportedly planning to cut between 20,000 and 30,000 jobs to ...

Demand for cloud infrastructure is driving the highest growth in Oracle's revenue and adjusted earnings in 15 years. Oracle says new AI customers are adding additional services, creating a "halo ...

What we know so far: Oracle is preparing for another wave of job cuts as part of a major restructuring plan, even as it ramps up investment in artificial intelligence and cloud infrastructure. The ...

Kara Greenberg is a senior news editor for Investopedia, where she does work writing, editing, and assigning daily markets and investing news. Prior to joining Investopedia, Kara was a researcher and ...

Douglas Kehring, Executive VP & Principal Financial Officer, stated the quarter "exceeded expectations across the board," highlighting that both organic total revenue and organic non-GAAP EPS grew at ...

An Austin-based software giant has set aside billions for restructuring, raising concerns about potential job cuts as the company ramps up spending on artificial intelligence tools and data center ...

Many of these tech giant have their regional offices, cloud infrastructure, or data-center operations across the Gulf, including in the United Arab Emirates. The claims of 'possible attack' are also ...