News

Oracle jumps as surge in remaining performance obligations overshadows Q1 miss

Oracle (NYSE:ORCL) shares surged 11.8% in extended trading on Tuesday after the IT giant reported a massive surge in ...

Oracle Had a 'Brilliant' Quarter, CEO Says. Its Stock Is Popping on AI Demand

Oracle shares soared in extended trading Tuesday, after the cloud computing giant said it sees cloud infrastructure sales ...

Oracle’s stock surges toward best day in years. These huge numbers explain why.

While the latest earnings and revenue numbers came up short, Oracle impressed with its talk of new multibillion-dollar deals and big cloud projections.

Oracle Turns 50 Soon - And It's Burning Billions To Stay Relevant

Oracle, nearing 50 years old, is burning through cash to compete in AI. It's making risky investments and cutting costs to ...
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Oracle Financial's US parent jumps 27% in extended trading on Tuesday; Here's why

Led by new commitments with OpenAI for 4.5 GW worth of data centre capacity, and deals with TikTok and Nvidia, powered Oracle ...

Examining the Future: Oracle's Earnings Outlook

Analysts anticipate Oracle to report an earnings per share (EPS) of $1.35. The market awaits Oracle's announcement, with ...
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Oracle Projects Huge Increase in Cloud Revenue Through 2030

Oracle stock leapt 20% in after-hours trading after the software-and-cloud firm projected that new cloud contracts it signed in the first quarter would lift revenue from that business sharply in the ...

Oracle begins India job cuts, targeting cloud and financial services teams

These cuts have so far happened across Oracle Cloud Infrastructure (OCI) and Oracle Financial Services Software (OFSS) divisions, impacting hundreds of employees.