The software giant reported $4.21 billion in profit, or $1.47 per share, for the three months that ended in late November.
Given the big run-up in Oracle shares this year, roughly in-line results don’t seem to be enough for Wall Street.
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%, ...
Oracle stock is lower Tuesday after the tech giant fell short of earnings expectations for its fiscal second quarter. This is ...
Given its better valuation, we believe that Salesforce stock (NYSE: CRM) is currently a better pick over its peer, Oracle ...
Oracle’s net income rose 26% from a year earlier, to $3.15 billion. Revenue from cloud services and license support sales ...
Looking forward, Oracle stock is likely to find some support at $170. This round-numbered price level served as a launching ...
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 Corp. is on track for its best year in over two decades because its once-struggling cloud business is being taken ...
Oracle posted higher quarterly revenue and profit on continued demand for artificial intelligence, but shares slid after the ...
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