Oracle ended its fiscal third quarter with $553 billion in remaining purchase obligations -- up 325% year over year.
The cloud giant's valuation has become much more reasonable following a brutal sell-off, and its massive backlog suggests ...
Oracle has guided for tremendous revenue growth in its cloud infrastructure business over its next four fiscal years.
Oracle is behind the AI demand curve, but this could spell accelerating growth and significant upside for investors.
Down big off its high, the sell-off in Oracle could be a buying opportunity for risk-tolerant investors.
While Oracle has traditionally been viewed as a legacy database provider, its aggressive pivot toward Oracle Cloud ...
ORCL, is reportedly preparing layoffs of 20,000 to 30,000 employees, or up to 18% of its workforce. The cuts are linked to cost savings and heavy capital spending on AI focused data centers and ...
On Oct. 7, tech media outlet The Information reported that Oracle‘s ORCL graphics processing unit rental business generated a 14% gross margin in the quarter ended Aug. 31. Oracle shares were down as ...
The so-called SaaS-pocalypse has been working its way through the software scene in recent months, with things getting ...
Evercore analyst Kirk Materne said Oracle's announcement of using $25B in debt and $25B in equity to capitalize itself, along ...
The Wall Street Journal reported that an investor consortium including Oracle ORCL, Silver Lake, and Andreessen Horowitz is finalizing a deal to hold a roughly 80% stake in the new entity that ...
While there is a big gap between Meta Platforms and Oracle's market caps right now, the latter can still overtake the social ...