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 (ORCL) will release its third-quarter fiscal year 2026 results today after the market closes. Notably, ORCL stock has suffered a dramatic correction in recent months. Shares have fallen more ...

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 ...

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 ...

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 ...

Oracle has called reports of scrapping its Texas data centre expansion with OpenAI "false and incorrect," saying it and developer Crusoe are "operating in lockstep" at the Abilene site. The response ...

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 ...

Oracle is betting heavily on AI data centers. The company's business has become alarmingly overexposed to one major client: OpenAI. The generative artificial intelligence (AI) trend has minted plenty ...

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 ...

Enterprise software company Oracle (ORCL) is set to post quarterly results on Tuesday, with investors focusing on the cloud unit and capital expenditure amid the aggressive rise in AI spending. Wall ...