The software giant reported $4.21 billion in profit, or $1.47 per share, for the three months that ended in late November.
The company said it saw record artificial intelligence (AI) demand in the quarter, which continues to outstrip supply. This led to Oracle Cloud Infrastructure (OCI) consumption revenue soaring by 52%, ...
Given the big run-up in Oracle shares this year, roughly in-line results don’t seem to be enough for Wall Street.
Given its better valuation, we believe that Salesforce stock (NYSE: CRM) is currently a better pick over its peer, Oracle ...
Oracle shares moved firmly lower in early Tuesday trading after a disappointing set of quarterly earnings triggered a host of ...
Looking forward, Oracle stock is likely to find some support at $170. This round-numbered price level served as a launching ...
Oracle’s net income rose 26% from a year earlier, to $3.15 billion. Revenue from cloud services and license support sales ...
Oracle Corp (ORCL) stock saw a decline, ending the day at $175.32 which represents a decrease of $-3.26 or -1.83% from the prior close of $178.58. The stock opened at $178 and touched a low of $174.81 ...
Oracle (NYSE: ORCL) was founded in 1977, and it has participated in almost every technology revolution since. It initially ...
Oracle posted higher quarterly revenue and profit on continued demand for artificial intelligence, but shares slid after the ...
Oracle reported fiscal second-quarter revenue that missed analysts' expectations, sending shares lower in extended trading ...
Oracle shares have roughly tripled from their late-2022 low, making the cloud-computing specialist more valuable than Costco or Netflix.