But did Oracle convince investors? Reading time 3 minutes In a third-quarter earnings report on Tuesday, tech giant Oracle announced quarterly revenue growth above expectations and an increased sales ...

On Oracle's earnings call, CEO Clay Magouyrk named Cerebras as an important maker of artificial intelligence hardware, alongside Nvidia and AMD. Landing Oracle as a customer could be a big boon for ...

The major indexes erased gains Tuesday amid oil price swings. AI stocks were strong. Oracle jumped on earnings late.

Oracle co-CEO Mike Sicilia and Chief Technology Officer and co-founder Larry Ellison dismissed concerns around a “SaaSpocalypse” of more traditional enterprise software-as-a-service vendors getting ...

The cloud-computing company posted a profit of $3.72 billion and raised its fiscal 2027 revenue outlook to $90 billion as AI demand continues to outpace supply.

Oracle execs tried to calm investor fears that AI will replace traditional software tools.

U.S. software company Oracle Corporation on Tuesday reported strong financial results for the third quarter of fiscal year 2026, driven by rapid growth in cloud services and rising demand for ...

Analysts expect the group to cut jobs and sell some of its business units to support its AI investment push. Oracle has drawn down roughly $961mn from a $1.6bn pot it set aside at the start of the ...

Oracle's overall revenue increased 22% year over year in the fiscal third quarter, which ended on Feb. 28, according to a statement. Net income rose to $3.72 billion, or $1.27 a share, from $2.94 ...

The company is working to deliver on massive cloud infrastructure contracts with customers Read more at The Business Times.

For the first time in over a decade and a half, Oracle says it grew both revenue and earnings by at least 20% Oracle's stock was rising after Tuesday's earnings report. Oracle proved the ...

The Austin-based tech company forecast $90 billion in revenue as investors watch whether its costly data center expansion will pay off.