News

Oracle expects half a trillion dollars in booked cloud orders, stock rises 27%

Oracle said on Tuesday it expects booked revenue at its Oracle Cloud Infrastructure business to exceed half a trillion ...

Oracle boosts cloud infrastructure revenue forecast, shares jump 23%

Oracle said on Tuesday it expects revenue in its Oracle Cloud Infrastructure business to grow 77% this year, from earlier ...

Oracle Needs to Keep Sales Growth Humming After $200 Billion Run

The pressure is on for Oracle Corp. to deliver another quarter of accelerating revenue growth driven by spending on ...

Oracle Had a 'Brilliant' Quarter, CEO Says. Its Stock Is Popping on AI Demand

Oracle shares soared in extended trading Tuesday, after the cloud computing giant said it sees cloud infrastructure sales ...

Oracle Stock Soars Despite Missing Q1 Estimates: Here's Why

The Details: Oracle reported quarterly earnings of $1.47 per share, which missed the analyst consensus estimate of $1.48.

Oracle's stock surges toward its best day since 1999. These huge numbers explain why.

Oracle's stock soared in after-hours trading on Tuesday. 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 ...