The cloud and AI specialist beat expectations and increased its guidance for next fiscal year.
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 is scheduled to report its fiscal third-quarter financial results after the market closes on Tuesday. Here is what to know. REVENUE: The software and cloud-computing company is expected to ...
Oracle shares led the tech sector higher Wednesday as investors cheered the cloud giant's better-than-expected earnings and stronger outlook.
Oracle shares surged about 10% before the bell on Wednesday after the software giant's upbeat revenue forecast calmed worries over faster returns from its hefty spending on artificial intelligence ...
Treasury yields moved lower after retail sales data for December came up short of expectations. Retail sales for December were expected to tick up 0.4% month-on-month, according to economists polled ...
OpenAI has hired its head of sales for its Europe, Middle East and Africa (EMEA) hub in Dublin, in what is seen as one of the company’s most significant appointments outside the US to date. Industry ...
Retail sales were flat in December following a 0.6% increase in November. Economists surveyed by Dow Jones had expected an increase of 0.4%. On an annual basis, sales rose 2.4%, failing to keep up ...
Location: 4801 E. Thistle Landing Dr., along 48th Street, between Ray Road and Chandler Boulevard in the Ahwatukee part of Phoenix. Description: A large data center and technology park is getting ...
Data center developer Stack Infrastructure announced yesterday that it would be adding 121MW of capacity to its campus outside Portland, Oregon. Although the news of the expansion was announced by ...
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