(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 ...
Oracle has reinvented itself as a leading AI infrastructure platform, driving a significant surge in share price and market relevance. ORCL's cloud segment, including Oracle Cloud Infrastructure, is ...
Oracle is shaking up its executive suite as it sets its sights on AI infrastructure dominance. The company announced Monday that it is promoting Clay Magouyrk and Mike Sicilia to co-CEO roles.
Oracle (NYSE:ORCL) made several management changes on Monday, including naming new CEOs and an Executive Vice Chair of its board of directors. Clay Magouyrk and Mike Sicilia will become the IT giant's ...
NEW YORK (AP) — Wall Street inched to more records on Wednesday following a surprisingly encouraging report on inflation and a stunning forecast for growth from Oracle because of the ...
Oracle's stock soared after a report of a cloud contract with OpenAI and an optimistic forecast for its AI-driven cloud infrastructure. The company projects aggressive eight-fold growth in cloud ...
Oracle Corp. missed Wall Street’s expectations as it delivered its latest financial results today, but nobody cared because it said it’s anticipating future revenue growth that’s far in excess of the ...
Oracle Health launched its next-gen electronic health record solution equipped with the latest artificial intelligence and voice capabilities, which is designed to be easier for clinicians to navigate ...
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