Oracle's revenue rose in its fiscal third quarter and the company expects further growth as it doubles its data center capacity, with customer demand at record levels. Shares rise 4.8% to $155.87 ...
(Reuters) - Oracle CEO Safra Catz on Monday gave a strong growth outlook for its fiscal 2026 and 2027, indicating that the skyrocketing demand for advanced artificial intelligence computing shows ...
Revenue increased 6% from $13.3 billion in the same period last year. Net income rose 22% to $2.94 billion, or $1.02 a share, from $2.4 billion, or 85 cents a share, a year earlier. Revenue in ...
Sees FY25 capital expenditures $16B. Says currency should have 1c-2c impact to EPS in Q4. Says this was strongest bookings quarter ever. Says component delays should ease in Q1 of FY26. Says ...
We project Oracle's revenue growth across its various segments based on our previous analysis, incorporating the contribution from the Stargate initiative. Specifically, we adjusted the Cloud ...
‘Record-level AI demand’ helped Oracle Cloud Infrastructure revenue grow 52 percent, says Oracle CEO Safra Catz. Oracle CEO Safra Catz expects the database product giant to hit $25 billion in ...
The fast-growing adoption of artificial intelligence (AI) has given Oracle (NYSE: ORCL) a nice boost over the past couple of ...
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Oracle Stock, Cruise Line Viking Smacked Lower Ahead Of Quarterly ResultsOracle stock, hit hard during the recent AI sell-off, headlines a quiet earnings calendar, along with Viking and Rubrik.
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