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 ...
Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...
The market continues to stress the company's exposure to OpenAI, not least as Oracle's debt continues to balloon while its ...
In September, Oracle forecast that it would grow revenue from its Oracle Cloud Infrastructure (OCI) cloud segment from around ...
Oppenheimer believes that a sharp recent pullback in Oracle has created an attractive risk-reward balance for investors. The financial institution upgraded the tech old guard to an outperform rating ...
Shares of Oracle (ORCL) rose about 4% on Wednesday after Oppenheimer upgraded the stock to Outperform from Perform.
Oracle Corp. has begun laying the groundwork needed to start construction on its new headquarters in Nashville.
The Dow Jones Industrial Average snapped its three-day streak of closing highs after the market’s initial rally following the January jobs report fizzled out. The Dow fell 67 points, or 0.1%. The S&P ...
Oracle said on Sunday it planned to raise $45 billion to $50 billion of gross cash proceeds during the 2026 calendar year to build additional capacity to meet contracted demand from its cloud ...
Feb 2 (Reuters) – Oracle shares gained 2% on Monday after Wall Street analysts said the software company’s $50 billion fundraising plan allays worries over its ability to finance a massive data-center ...