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 execs tried to calm investor fears that AI will replace traditional software tools.

By Juby Babu and Stephen Nellis March 10 (Reuters) - Oracle on Tuesday predicted that the AI data center boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8 ...

Enterprise software giant Oracle (NYSE:ORCL) reported Q1 CY2026 results topping the market’s revenue expectations, with sales up 21.7% year on year to $17.19 billion. The company expects next ...

But did Oracle convince investors? Reading time 3 minutes In a third-quarter earnings report on Tuesday, tech giant Oracle announced quarterly revenue growth above expectations and an increased sales ...

On Oracle's earnings call, CEO Clay Magouyrk named Cerebras as an important maker of artificial intelligence hardware, alongside Nvidia and AMD. Landing Oracle as a customer could be a big boon for ...

Oracle Corp (NYSE:ORCL, XETRA:ORC) shares moved more than 7% higher after the company reported stronger-than-expected earnings for its fiscal third quarter and raised its longer-term revenue outlook.

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

U.S. software company Oracle Corporation on Tuesday reported strong financial results for the third quarter of fiscal year 2026, driven by rapid growth in cloud services and rising demand for ...

The Austin-based tech company forecast $90 billion in revenue as investors watch whether its costly data center expansion will pay off.

March 5 (Reuters) - Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a ...

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 ...