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Oracle reported weaker-than-expected results but touted a $30B OpenAI cloud contract and growing AI demand as proof its long-term growth trajectory remains strong.
While the latest earnings and revenue numbers came up short, Oracle impressed with its talk of new multibillion-dollar deals ...
Stripping out one-time items, adjusted earnings were $1.47 a share. Analysts polled by FactSet had been expecting $1.48 a share. Revenue climbed 12% to $14.93 billion, shy of analyst targets for ...
The Details: Oracle reported quarterly earnings of $1.47 per share, which missed the analyst consensus estimate of $1.48.
Oracle Corporation (NYSE:ORCL) is one of the Buzzing AI Stocks on Wall Street. On September 5, Mizuho reiterated the stock as ...
Oracle (ORCL) shares were active in extended trading on Tuesday after the IT giant reported fiscal first-quarter results.
Oracle said on Tuesday it expects revenue in its Oracle Cloud Infrastructure business to grow 77% this year, from earlier ...
The database-software company’s earnings were shy analyst expectations, but its major contract wins have increased its total ...
Oracle, nearing 50 years old, is burning through cash to compete in AI. It's making risky investments and cutting costs to ...
Oracle missed market expectations for first-quarter revenue on Tuesday, as companies cut back their tech spending due to an ...
5hon MSN
Oracle set to report earnings with Wall Street expecting 30% AI-fueled growth in cloud business
Oracle (ORCL) is set to report its fiscal first-quarter earnings Tuesday after the bell, with Wall Street expecting a 30% ...
Enterprise data platforms increasingly unite analytics, governance and orchestration, with new generative and agentic AI-enabled features to improve autonomy and speed.
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