Oracle stock rose on Wednesday as investors breathed a sigh of relief on strong Q3 results and an upgraded fiscal 2027 ...
Oracle Corp. shares soared as much as 15% on Wednesday after the software and cloud services company reported strong sales and issued an outlook that suggests little letup in demand for AI computing.
Oracle's backlog was the centerpiece of the results. CEO Safra Catz revealed that the company's remaining performance obligation (RPO) -- a backlog of future sales -- rose to $553 billion, surging 325 ...
Discover how Oracle's earnings report could influence its full-year 2026 guidance and long-term growth strategy. Read more here.
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 ...
Ader reiterated an Overweight rating on Oracle shares with a price target of $300. Some analysts adjusted their outlooks ...
Over the past few weeks, cracks have started to appear in the tech sector’s growth plans for artificial intelligence.
Before Oracle reported earnings on March 10, the narrative was ugly. Job cuts. AI cash crunch. A stock down 23% year to date. Reddit’s r/stocks was flooded with a thread titled “What is wrong with ...
Evercore analyst Kirk Materne said Oracle's announcement of using $25B in debt and $25B in equity to capitalize itself, along ...
Oracle's shares rose 15% to $171.76 after strong Q3 results and an increased revenue forecast for fiscal 2027. Revenue grew 22% year-over-year, with significant gains in infrastructure and cloud ...
Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.
Oracle (NYSE:ORCL) reported its fiscal third-quarter 2026 results after the bell on Tuesday, March 10, and the market liked what it saw. ORCL stock rose approximately 9% in premarket trading on ...
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