Oracle is an enterprise software vendor based in Austin, Texas. It specializes in database software and enterprise software products, including enterprise resource planning (ERP), human capital ...
Oracle’s meteoric rise continues to defy expectations. With a 36% surge following its latest earnings and a cumulative 3x gain since early 2023, the enterprise software giant is rewriting the playbook ...
Oracle India employees are experiencing heightened anxiety due to recent layoffs, particularly within the Oracle Cloud Infrastructure (OCI) division. Affected employees report abrupt terminations via ...
Oracle’s ORCL remaining performance obligations for the first quarter increased 359% to $455 billion, primarily due to expanding relationships with large language model providers. Management also ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...
Oracle (NYSE:ORCL) became the tenth most valuable company in the S&P 500 after its shares closed nearly 36% higher at $328.33 on Wednesday. During the trading hours, the company's share hit a record ...
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Oracle stock exploded more than 30% in premarket trading Wednesday after the company’s CEO unveiled a game-changing forecast: $144 billion in cloud revenue by 2030, powered by artificial intelligence.
Oracle shares jumped over 31% premarket as its cloud backlog surged to $455 billion, driven by AI demand. The company signed four multi-billion-dollar cloud contracts, with more expected in the coming ...
Oracle reported results that fell short of Wall Street's expectations. However, the company's backlog exploded higher, sending the stock into orbit. Oracle stock has seen a commensurate increase in ...
Oracle Corp. fell short of expectations with its latest revenue and earnings Tuesday, but that didn’t matter to Wall Street in light of the big numbers the company revealed about its future. Oracle ...