Oracle flagged new business from Meta and Nvidia in reporting a 438% increase in remaining performance obligations.
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Oracle stock slides as mixed results fail to shake AI fears
Oracle stock fell late Wednesday after the tech giant in the center of the AI debate reported mixed fiscal Q2 results.
The earnings call comes on the back of a 23% drop in Oracle’s share price last month, its worst monthly performance since 2021. But although the stock declined further today, it’s still up more than ...
Oracle said that spending would rise by $15 billion compared with earlier estimates - a sign that big capital outlays to ...
A serious war of words has broken out between Oracle and Autonomy, which is in the process of being bought by HP. In the latest episode of a back-and-forth argument over Autonomy's value and ...
Oracle Corporation is rated a Buy with a $280 price target, suggesting 17% upside driven by AI and cloud momentum. ORCL's cloud revenue surged 28% YoY, fueled by a $300B OpenAI deal and $455B in ...
Oracle’s latest quarterly numbers paint an interesting picture. While overall revenues were pretty much flat year-on-year, cloud revenues were up 61% for the same period, while on premise hardware ...
Tech giant Oracle has announced a number of updates that aim to make its Autonomous Data Warehouse offering easier to use for experts and novices. The strategy from the company is to reduce how many ...
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