Oracle shares plunged after the tech giant said it expects to raise billions of dollars this fiscal year to fund its AI buildout. The news overshadowed record quarterly results and a record backlog.
Oracle investors didn't get what they wanted. But its earnings report was a good sign for other stocks in the AI trade.
Oracle's (ORCL) stock fell after Q4 earnings as analysts highlighted gross margin pressure and capital raise plans.
The software and cloud-computing company reported cloud revenue rose 47%, including a 92% increase in cloud infrastructure ...
To say Oracle reported record results might be an understatement, as the company used the word "record" 20 times in its ...
Oracle Corporation reported a record Q4 with revenue of $19.2 billion, up 21%, driven by strong demand for cloud ...
Oracle blew past earnings expectations and grew its contract pipeline to $638 billion, but Wall Street is concerned about its rising AI costs Oracle reported record revenue of $19.18 billion, but ...
Oracle (ORCL) shares were active in extended trading on Wednesday after the IT giant reported fiscal fourth-quarter results.
CNBC's Seema Mody reports on Oracle as the tech giant reports after the bell on Wednesday. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ...
While not an astronomical prediction, it is significant enough if the calculations prove accurate. Revenue compounding plays ...
In this Microsoft SQL Server and JDBC tutorial, you'll learn how to connect to a Microsoft SQL Server in Java using JDBC. The steps are relatively straightforward: Each database is different, so ...
Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off Oracle is cutting thousands of jobs as the US technology company seeks to reassure ...