Oracle shares led the tech sector higher Wednesday as investors cheered the cloud giant's better-than-expected earnings and stronger outlook.
Oracle’s AI momentum builds, Ackman entices new fund investors, Saudi Aramco plans to bypass Strait of Hormuz, and more news to start your day.
Oracle’s cloud segment, which now represents over half of the company’s sales, grew 44% from a year ago, to $8.9 billion.
The bearish perspective that Oracle is a legacy company losing the cloud battle is directly countered by the 84% increase in ...
Oracle (ORCL) earnings show 20% revenue growth with stable margins, strong cloud/AI backlog and upside valuation potential.
Oracle's overall revenue increased 22% year over year in the fiscal third quarter, which ended on Feb. 28, according to a statement. Net income rose to $3.72 billion, or $1.27 a share, from $2.94 ...
Oracle ORCL delivered outstanding third-quarter results ahead of expectations, with total revenue up 22% to $17 billion and cloud revenue up 44% to $9 billion. Most importantly, cloud infrastructure ...
Oracle posted earnings that topped Wall Street estimates and lifted its outlook, as strong AI demand drove its sales and backlog to record highs.
Oracle reported Q3 2026 financial results after the bell rang this afternoon. The company beat analysts' sales and profit ...
Oracle (ORCL) reported $17.19 billion in revenue for the quarter ended February 2026, representing a year-over-year increase of 21.7%. EPS of $1.79 for the same period compares to $1.47 a year ago.