Oracle shares have surged this week amid a broader market rally, after a difficult start to the year. The cloud computing ...
Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work.
Oracle has entered into a new agreement with Bloom Energy to secure up to 2.8GW of fuel cell capacity as it increases investment in AI.
In 2026, capital intensity is the name of the game at Oracle.
Oracle hired Schneider Electric’s Hilary Maxson as CFO as the database and cloud products giant invests in meeting AI ...
Oracle Cloud Infrastructure (OCI) has become a strategically significant part of Oracle’s business, and one it hopes offers differentiation from the major hyperscalers. The company posted cloud ...
Oracle Corporation's (ORCL) record $553 billion backlog and OCI's robust 44% growth rate provide clear revenue visibility for the next 18 months. The company has successfully shed its legacy software ...
The questions asked during Oracle’s Q3 FY26 earnings call is indicative of the legitimate concerns investors have over whether spending vast sums of money on building advanced datacentres with the ...
Oracle (ORCL) shares zoomed 9% higher in Wednesday’s premarket hours following Tuesday’s make-or-break Q3 FY2026 earnings release. Oracle’s cloud infrastructure revenue surged 84% year-over-year to $4 ...
Oracle's third-quarter cloud infrastructure revenue surged 84% year over year, accelerating significantly. The software giant's remaining performance obligations climbed to a staggering $553 billion.
Oracle Corp. shares soared as much as 15% on Wednesday after the software and cloud services company reported strong sales and issued an outlook that suggests little letup in demand for AI computing.
Analysts expect Oracle to post third-quarter revenue of $16.9 billion, up from $14.13 billion in the same quarter last year, according to data from Benzinga Pro. Wall Street also anticipates earnings ...