A measure of Oracle Corp.’s credit risk climbed on Wednesday after the database company posted a jump in spending on data ...
Oracle said its backlog increased by $68 billion in the quarter ended Nov. 30, driven by commitments from Meta and Nvidia, ...
The earnings call comes on the back of a 23% drop in Oracle’s share price last month, its worst monthly performance since ...
Investors want to see Oracle turn its higher spending on infrastructure into revenue as quickly as it has promised. Capital ...
Larry Ellison’s company is investing billions to supply huge amounts of computing power to AI groups such as OpenAI ...
Oracle Chief Financial Officer Doug Kehring said Wednesday that the database and cloud firm was exploring unusual ways to lower its spending on data centers for artificial intelligence. Kehring said ...
Live Updates Get The Best Oracle Live Earnings Coverage Like This Every Quarter Get earnings reminders, our top analysis on ...
Three months ago, Oracle Corp.’s scorching earnings outlook sent the shares soaring to their best day in three decades. But a ...
Oracle shares fell more than 6% in after-hours trading on Wednesday after the database and cloud firm said it burned roughly $10 billion in the November quarter as it ramps up spending on data centers ...
Three months ago, Oracle Corp’s scorching earnings outlook sent the shares soaring to their best day in three decades. But a ...
Oracle (ORCL) shares were active in extended trading on Wednesday after the IT giant reported fiscal second-quarter results.