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Oracle Corporation remains a Buy as surging cloud AI infrastructure demand drives a record $553B backlog and robust revenue growth. ORCL's cloud revenue now exceeds 52% of total revenue, with cloud ...

Oracle (ORCL) shares jumped more than 4% in premarket trading on Thursday as the IT giant and Amazon Web Services (AMZN) expanded their deal to work on multicloud networking. Amazon shares were little ...

This demand is already translating into rapid growth. Oracle's cloud infrastructure (OCI) revenue surged 84% year over year, while total cloud revenues rose 44% year over year in Q3. Oracle's ...

The tech giant Oracle is expected to lay off thousands of employees as the company, formerly headquartered in Silicon Valley, attempts to address its plummeting stock price tied to artificial ...

Oracle shares hopped higher on Tuesday after word circulated that the company had begun to notify workers their jobs were being eliminated in what’s expected to be a surge of layoffs. The company’s ...

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

Oracle has been on a rough ride. Shares of the software provider trade 52% below the record high they hit in late September.

Update: Added that Oracle declined to comment on whether the vulnerability has been exploited. Oracle has released an out-of-band security update to fix a critical unauthenticated remote code ...

Oracle is participating in a massive AI infrastructure build-out. Its cloud infrastructure revenue grew 84% year over year, while remaining performance obligations (contracted revenue that hasn't been ...

Oracle's AI data center strategy boosts revenue forecast to $90 billion by 2027 RPO grows 325% YoY to $553 billion in Q3, surpassing estimates Oracle's cloud margins expected to improve with database ...