Oracle reported third-quarter revenue of approximately $17.2 billion in early March, a 22% increase year-over-year. The company's remaining performance obligations — contracted future revenue not yet ...
Discover how Oracle's earnings report could influence its full-year 2026 guidance and long-term growth strategy. Read more here.
Oracle's latest results clearly suggest that its investments in AI infrastructure are paying off.
Oracle generated $17.2 billion in total revenue during its fiscal 2026 third quarter, which was a 17% increase from the ...
Oracle bought 15% of TikTok's U.S. operations in January after China's ByteDance was forced by U.S. law to divest.
The additional spend covers redundancy packages and other exit costs as increasingly powerful AI models allow the company to cut software jobs.
Oracle's backlog was the centerpiece of the results. CEO Safra Catz revealed that the company's remaining performance obligation (RPO) -- a backlog of future sales -- rose to $553 billion, surging 325 ...
On Tuesday, Oracle Corporation said its rapidly expanding AI data center business is already profitable, though heavy ...
Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...
Investors’ fears that AI could dampen spending on traditional business applications have wreaked havoc on the shares of companies like Salesforce, ServiceNow and Workday. But Oracle executives this ...
Oracle's cloud infrastructure business is accelerating rapidly, but investors should weigh the company's massive capital expenditure plans before buying shares.
SALINE TWP., MI — Construction of the “Stargate” data center in Saline Township has brought an increase in truck traffic, with some residents and local officials reporting traffic problems. Moving ...