Oracle (ORCL) reported its third quarter earnings after the bell on Tuesday, beating expectations on the top and bottom lines ...

The market's enthusiasm for AI is having a material impact on this tech stalwart's financials.

Oracle on Tuesday delivered a quarterly top- and bottom-line beat on the back of strong growth in its cloud computing business. The company also raised its fiscal 2027 revenue guidance, sending its ...

The cloud-computing company posted a profit of $3.72 billion and raised its fiscal 2027 revenue outlook to $90 billion as AI demand continues to outpace supply.

Free cash flow at the enterprise software giant has tumbled over the past year as the company races to spend $50 billion on AI.

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 ...

This Q3 was the first quarter in over 15 years where organic total revenue and non-GAAP earnings per share both grew at 20% or more in USD. Cloud revenue was at the high end of our guidance, total ...

As tech stocks continue their sell-off, many investors have turned their attention to Oracle (NYSE: ORCL), which has seen its ...

Oracle is reportedly planning massive layoffs involving thousands of employees as AI spending creates a cash crunch. Job cuts ...

Oracle may be the canary in the coal mine. That line, from a CNBC segment recorded the day before Oracle’s most recent ...

Last year, Oracle (NYSE:ORCL) announced a massive, $500 billion data center project in Texas that signed on major AI stocks as partners. The Stargate initiative was positioned as a transformative leap ...

Banking, fintech, and software firms are shedding thousands of jobs, according to recent media reports. It’s not all because ...