The company said it saw record artificial intelligence (AI) demand in the quarter, which continues to outstrip supply. This led to Oracle Cloud Infrastructure (OCI) consumption revenue soaring by 52%, ...
The software giant reported $4.21 billion in profit, or $1.47 per share, for the three months that ended in late November.
Oracle Corp. reported quarterly revenue in line with estimates, disappointing investors who have boosted the stock to a ...
There’s never a great time to tell investors your bills are going to double. For Oracle, its latest earnings report proved a ...
Oracle’s net income rose 26% from a year earlier, to $3.15 billion. Revenue from cloud services and license support sales ...
Oracle's shares tumbled more than 9% on Tuesday after its quarterly revenue fell short of Wall Street expectations, signaling ...
Given its better valuation, we believe that Salesforce stock (NYSE: CRM) is currently a better pick over its peer, Oracle ...
Oracle shares tumbled after the cloud company’s second-quarter revenue fell short of Wall Street’s expectations, but analysts ...
Oracle's growth trajectory remains strong, but supply constraints and geopolitical risks may create some near-term headwinds.
Given the big run-up in Oracle shares this year, roughly in-line results don’t seem to be enough for Wall Street.