Oracle is undergoing a massive capital reallocation, funding an unprecedented AI and cloud infrastructure buildout. Find out ...
Hilary Maxson, formerly group CFO at Schneider Electric, joins Oracle as it cuts 30,000 jobs and commits $50 billion to AI ...
This week Oracle announced the hiring of a new chief financial officer, Hilary Maxson. This wouldn’t be that notable were it ...
Oracle Cloud Infrastructure (OCI) has become a strategically significant part of Oracle’s business, and one it hopes offers differentiation from the major hyperscalers. The company posted cloud ...
Oracle (ORCL) shares zoomed 9% higher in Wednesday’s premarket hours following Tuesday’s make-or-break Q3 FY2026 earnings release. Oracle’s cloud infrastructure revenue surged 84% year-over-year to $4 ...
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 Corp. shares soared as much as 15% on Wednesday after the software and cloud services company reported strong sales and issued an outlook that suggests little letup in demand for AI computing.
Analysts expect Oracle to post third-quarter revenue of $16.9 billion, up from $14.13 billion in the same quarter last year, according to data from Benzinga Pro. Wall Street also anticipates earnings ...
U.S. TikTok users were experiencing service disruptions Tuesday related to an Oracle Cloud Infrastructure issue. Something similar happened almost exactly a month ago. Reading time 2 minutes For the ...
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Intensive investments in AI data centers and infrastructure continue to ...
This award follows a $581 million contract with Amazon Web Services as the Air Force continues to build out its multi-cloud infrastructure. The Air Force has added another major cloud service provider ...
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