Oracle Corp. reported a significant increase in remaining performance obligations (RPO), up 438% in US dollar terms, in the latest financial results announcement. The surge highlights Oracle's rapid ...
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 ...
Amid investors concerns about high spending and the impact to the company's financial health, the bear case on Oracle (ORCL) may actually be a “bullish” sign, Deutsche Bank said. “Relative to company ...
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Microsoft and Oracle both hold key contracts with OpenAI and other generative AI developers. Cash flow could be a key factor in the race to build out capacity. One has a much more attractive valuation ...
Oracle Extortion Case: $50M Demand From ‘Notorious’ Hacking Group Your email has been sent After breaching the security of Oracle’s E-Business Suite, a well ...
Nvidia stock was gaining early Thursday as the artificial-intelligence chip maker continued to feel the benefits of Oracle huge cloud-computing forecast.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The chipmaker’s pivotal role in supplying high-bandwidth ...
OpenAI signed a contract with Oracle ORCL-4.47%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...
What fueled the stock surge was Oracle's aggressive growth outlook tied to AI and cloud demand. "MultiCloud database revenue from Amazon, Google and Microsoft grew at the incredible rate of 1,529% in ...
Oracle (NYSE:ORCL) shares surged 11.8% in extended trading on Tuesday after the IT giant reported a massive surge in remaining performance obligations that overshadowed weaker-than-expected fiscal ...