Oracle's Cloud revenues surged 34% YoY, with Oracle Cloud Infrastructure up 68%, and RPOs soared 438% to $523B. Check out ...
What To Know: While the stock rallied Monday on reports that a consortium led by Oracle, Silver Lake and MGX agreed to acquire a significant stake in TikTok's U.S. operations, sentiment appears to ...
It comes after Congress passed a law last year banning TikTok in the U.S. TikTok has signed a deal to form a new U.S. joint venture controlled by mostly American investors that include Oracle ...
(Bloomberg) — Oracle (ORCL) Corp.’s aggressive artificial intelligence spending plan has put the cloud computing giant’s corporate bonds under a harsh spotlight as Wall Street searches for cracks in ...
An upbeat second-quarter earnings report from Oracle wasn’t enough to shake off the artificial-intelligence jitters that have crept into the stock. Oracle ORCL cleared the bar set by Wall Street on ...
LONDON, Dec 11 (Reuters) - The cost of insuring Oracle's (ORCL.N), opens new tab debt against the risk of default has shot up after its latest earnings reignited worries about how much the broader ...
Oracle ORCL-1.76%decrease; red down pointing triangle is facing mounting anxiety from investors about how much it’s spending to build out data centers for the artificial-intelligence industry. The ...
Oracle Corp’s stock fell sharply Wednesday in after-hours trading, after the cloud company reported quarterly earnings that missed Wall Street estimates, continuing a long slump prompted by worries ...
Oracle (ORCL) cloud services now represent 77% of total revenue and grew 55% year-over-year. GPU consumption revenue surged 336%. Oracle’s remaining performance obligation hit $97.3B in Q2 FY2025.
Oracle's latest analyst consensus price target has edged down, moving from $344.04 to $342.28. This cautious revision comes amid evolving views on the company’s prospects, shaped by both bullish and ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle has emerged as the weakest member of the AI hyperscaler herd, with hedge funds now shorting both its ...