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's AI data center strategy boosts revenue forecast to $90 billion by 2027 RPO grows 325% YoY to $553 billion in Q3, surpassing estimates Oracle's cloud margins expected to improve with database ...

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 called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...

The AI trade will be tested as Oracle reports third-quarter earnings. Oracle announced a $50 billion financing plan last month to fund its data center buildout. The tech heavyweight's relationship ...

AI companies are spending vast sums of money on data centers — infrastructure expenditures that come with some hair-raising price tags. As Bloomberg reported last week, Larry Ellison’s Oracle may have ...

The $400 billion enterprise software and cloud infrastructure giant Oracle is in the hot seat with a fiscal third-quarter earnings drop amid a spotlight on its heavy borrowing and negative free cash ...

Oracle Corporation could cut between 20,000 and 30,000 jobs as the company expands its artificial intelligence infrastructure, according to a research report from investment bank TD Cowen. The ...

Barclays reduced its price target on Oracle (ORCL) by 26% one day ahead of the release of the company's third quarter fiscal 2026 financial results. The financial firm retained its Overweight rating ...

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...

Is Oracle Corp.’s reported $300 billion infrastructure deal with OpenAI a sign of robust artificial-intelligence spending for years to come — or an indication that AI players have gotten ahead of ...

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