Oracle on Tuesday predicted that the AI data ​center boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8.3% in extended trading.
Oracle has made itself the king of the data center. It’s the fastest growing in the space.” That’s a strong statement, but the numbers behind it are hard to argue with. Oracle (NYSE:ORCL) has quietly ...
Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.
Oracle bought 15% of TikTok's U.S. operations in January after China's ByteDance was forced by U.S. law to divest.
Oracle shares surged about 12% on Wednesday after the software giant's upbeat revenue forecast eased concerns over its hefty ...
Oracle may be the canary in the coal mine. That line, from a CNBC segment recorded the day before Oracle’s most recent ...
There’s limited evidence that Oracle is replacing workers with AI en masse—but the company is planning thousands of job cuts while investing tens of billions of dollars in data centers.
'Mad Money' host Jim Cramer talks the impact of the conflict in Iran on markets.
Oracle reported third-quarter revenue of approximately $17.2 billion in early March, a 22% increase year-over-year. The company's remaining performance obligations — contracted future revenue not yet ...
Over the past few weeks, cracks have started to appear in the tech sector’s growth plans for artificial intelligence.
Doug Wintemute is a staff writer for Forbes Advisor. After completing his master’s in English at York University, he began his writing career in the higher education space. Over the past decade, Doug ...