Oracle Corp (NYSE:ORCL) just spurred another tech selloff, despite the company denying a Financial Times report that Blue Owl Capital's plans to finance its $10 billion Michigan data center fell ...
NEW YORK – Oracle shares plunged the most in almost 11 months on Dec 11 after the company escalated its spending on artificial intelligence (AI) data centres and other equipment, rising outlays that ...
Oracle Corp. shares plunged the most in almost 11 months after the company escalated its spending on AI data centers and other equipment, rising outlays that are taking longer to translate into cloud ...
Dec 11 : Oracle shares slumped nearly 11 per cent in premarket trading on Thursday after downbeat forecasts and higher capex fanned worries that its massive AI investments are taking longer than ...
Shares of Oracle plunged 14% Thursday morning and sent a shiver through the entire AI trade as investors questioned the sustainability of Big Tech's spending Oracle's revenue miss stoked concerns of ...
Earnings call Oracle reported Q2 FY26 revenue of $16.1B, up 13% YoY, with cloud revenue accelerating to 33% growth and infrastructure revenue up 66%. The company added $68B in new RPO, expects $4B ...
Oracle just posted massive Q2 FY2026 earnings — including a 438 percent surge in remaining performance obligations and cloud infrastructure growth in the mid-60 percent range — but the stock still ...
Cloud Infrastructure Revenue: $4.1 billion, up 66%. Cloud Database Services Revenue: Up 30%. Autonomous Database Revenue: Up 43%. Cloud Applications Revenue: $3.9 billion, up 11%. Operating Income: $6 ...
On Wednesday's earnings call, Oracle's management emphasized the company's commitment to retaining its investment-grade credit rating. An upbeat second-quarter earnings report from Oracle wasn't ...
“Training AI models on public data is the largest, fastest-growing business in history,” he said. “AI models reasoning on private data will be an even larger and more valuable business. Oracle ...
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