Oracle sees total revenue growing to $225 billion in fiscal 2030 Adjusted profit seen at $21 per share in 2030 vs $18.92 LSEG estimate Expects adjusted gross margins of 30-40% in AI cloud computing ...
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 ...
On Sept. 10, Oracle (ORCL +0.25%) stock popped 36% in response to a massive increase in customer orders for Oracle's cloud services. Oracle forecasts that revenue from its Oracle Cloud Infrastructure ...
OpenAI has struck a landmark deal with Oracle to buy $300 billion in computing power over five years, highlighting both the explosive rise of AI and the growing financial risks around it. People ...
Oracle sent its shares soaring after markets closed yesterday after reporting that it signed multiple multi-billion-dollar contracts with several customers. Now, we have an idea of who those customers ...
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 ...
Sept 9 (Reuters) - (This Sept 9 story has been corrected to say that Oracle's shares have risen 45% so far this year, not more than 107%, in paragraph 4) Oracle (ORCL.N), opens new tab said on Tuesday ...
PITTSBURGH, July 29, 2025 /PRNewswire/ -- PNC Bank today announced the integration of its award-winning embedded banking platform, PINACLE Connect ®, with Oracle Fusion Cloud Enterprise Resource ...
Oracle has signed a cloud services contract worth $30 billion a year which will start hitting its books in fiscal year 2028, according to a company filing. In a fair disclosure filing with the ...
Oracle finally confirmed in email notifications sent to customers that a hacker stole and leaked credentials that were stolen from what it described as "two obsolete servers." However, the company ...
Oracle has confirmed suffering a data breach but the tech giant is apparently trying to downplay the impact of the incident. Oracle is privately confirming to customers that some of its cloud systems ...