Oracle shares drop after dour forecast, higher capex AI-related stocks including Nvidia fall At least 13 brokerages slash PT on stock following results Dec 11 (Reuters) - Oracle (ORCL.N), opens new ...
Oracle (ORCL) cloud services now represent 77% of total revenue and grew 55% year-over-year. GPU consumption revenue surged 336%. Oracle’s remaining performance obligation hit $97.3B in Q2 FY2025.
Oracle has evolved from a stodgy legacy software company to a cloud-first service provider. The company is winning massive multiyear cloud contracts with leading hyperscalers. Oracle is taking on debt ...
Oracle stock (NYSE: ORCL) has dropped 7% in a day, currently priced at $257. This decline appears to be due to profit-taking after the stock had soared over 80% in the past six months, largely driven ...
Oracle disclosed a 359% gain in its long-term performance obligations for its cloud unit. Subsequent reports revealed much of the gain came from OpenAI. Then a subsequent Nvidia agreement with OpenAI ...
Oracle's growth inflection is now a reality, driven by strong demand for OCI, cloud database, and applications, supporting a 20%+ revenue CAGR through 2030. Despite recent share appreciation and ...
Oracle is bringing the power of artificial intelligence (AI) to the fight against financial crime, addressing the persistent issue of false positives and high investigation costs plaguing financial ...
Oracle's rapid shift to cloud services and AI infrastructure, including record-breaking AI supercomputers, positions it as a key player in the cloud market. Strategic multi-cloud partnerships with ...
On Monday, eight days before President-elect Donald Trump is set to take office, President Joe Biden's administration introduced a new regulatory framework aimed at controlling the export of advanced ...
Oracle is making the latest long-term support release version of its database offering — Database 23c — generally available for enterprises under the name Oracle Database 23ai. The change in ...