Oracle's Cloud revenues surged 34% YoY, with Oracle Cloud Infrastructure up 68%, and RPOs soared 438% to $523B. Check out ...
Discover the crucial differences between pro forma and GAAP financial statements. Learn why companies use both and the ...
Evercore ISI predicts that this network may create almost $76 billion in annual GPU cloud revenue, considering that each ...
SALINE TWP., MI — Reports have surfaced that funding for a controversial hyperscale data center project in a rural Michigan community near Ann Arbor is up in the air. But a Big Tech giant and its ...
Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.
Shares in Oracle opened almost 12% lower in Frankfurt trade today, tracking US after hour losses after the company forecast sales and profit that missed analyst estimates. Oracle said spending would ...
Oracle’s share price plummeted 10 percent on Wednesday after its quarterly revenue fell short of expectations. Larry Ellison’s firm, which has become a key player in the AI data center ecosystem ...
(Bloomberg) --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 ...
Oracle's cloud revenue growth may be cooling Oracle's adjusted profit boosted by $2.7 billion Ampere sale Oracle's future contracts rise 14.94% to $523 billion Shares fall 10% in extended trading Dec ...
Dec 10 (Reuters) - Oracle forecast sales and profit that missed analyst estimates on Wednesday, while saying that spending would rise by $15 billion compared with earlier estimates - a sign that big ...
A leader with Arizona's public university system said an alternative option has been floated to strengthen higher education in the United States, as the Trump administration pushes a "compact" from ...
Oracle Corp (NYSE:ORCL) announced plans to launch the Digital Assets Data Nexus, a new platform to help banks and financial institutions more easily create, manage, and integrate blockchain-based ...