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Oracle beats estimates

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Top News
Overview
 · 5d
Is Oracle Stock The New King Of Cloud Growth?
While Oracle has traditionally been viewed as a legacy database provider, its aggressive pivot toward Oracle Cloud Infrastructure (OCI) has sparked a

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 · 21h
Oracle’s cloud revenue surges 44%, easing pressure on its stock
 · 1d · on MSN
Oracle beats estimates as AI cloud demand surges
 · 3h
Stock Market Today, March 11: Oracle Surges After Earnings Beat and Upbeat Long-Term Revenue Guidance
Oracle ( ORCL +9.18%), a database and cloud software provider, closed Wednesday at $163.12, up 9.18%.

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 · 12h
Oracle stock jumps 10% on earnings beat and increased guidance as cloud revenue climbs 44%
 · 12h
Oracle Stock Jumps After Earnings Beat Expectations. Why It ‘Will Not Be’ Disrupted.
Los Angeles Times
5mon

Oracle names co-CEOs as it bets business on cloud computing

Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company’s focus on its rapidly expanding cloud computing business. The 39-year-old Magouyrk was one of Oracle Cloud Infrastructure’s ...
CRN
15y

Oracle Exec Details Potential Pitfalls Of Cloud Computing

In a keynote speech at Oracle OpenWorld Tuesday Thomas Kurian, executive vice president of software product development, made a pitch for Oracle's integrated hardware and software stack as a way to circumvent the problems that cloud computing can cause.
Bloomberg L.P.
5mon

Oracle in Talks With Meta on $20 Billion AI Cloud Deal

Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider. Under the multiyear deal, Oracle would provide the ...
Observer
1y

Larry Ellison Says Oracle Is Building Huge Data Centers as A.I. Deals Proliferate

Oracle’s chairman and chief technology officer Larry Ellison said he’s open to partnering with Amazon on cloud computing. Sean M. Haffey/Getty Images Oracle is partnering up with Google to combine Oracle Cloud Infrastructure (OCI) and Google Cloud ...
SiliconANGLE
6mon

OpenAI and Oracle strike $300B cloud computing deal to power AI

OpenAI today confirmed that it has signed an agreement to purchase computing infrastructure worth $300 billion from Oracle Corp. over a period of roughly five years, as part of its previously announced Project Stargate data center building initiative.
Hosted on MSN
6mon

Oracle and OpenAI sign $300 Billion cloud computing deal

According to those familiar with the agreement, OpenAI and Oracle inked a $300 billion contract to buy processing power over a five-year period. The deal, which is among the biggest cloud contracts ever and far outpaces OpenAI’s present revenue ...
Network World
13y

Once a basher, now a believer, Oracle chief Larry Ellison has come full circle on cloud computing

No longer disparaging, Oracle czar Larry Ellison now sings the praises of cloud computing. As recently as 2009, Ellison was one of the industry’s biggest cloud-bashers, questioning what the cloud really was, accusing venture investors of latching on to ...
Bloomberg L.P.
5mon

Oracle Names New Co-CEOs as It Bets Business on Cloud

Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company’s focus on its rapidly expanding cloud computing business. The 39-year-old Magouyrk was one of Oracle Cloud Infrastructure’s ...
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