Oracle co-CEO Mike Sicilia and Chief Technology Officer and co-founder Larry Ellison dismissed concerns around a “SaaSpocalypse” of more traditional enterprise software-as-a-service vendors getting ...
As the cloud giant spends billions on the AI race, it reassures investors that it is still "very good" at doing things on the cheap.
Oracle execs tried to calm investor fears that AI will replace traditional software tools.
Oracle’s shares climbed as much as 10 per cent on Tuesday after it posted better than expected earnings and revenue guidance as it tried to reassure investors about its big bet on AI data centres. The ...
Oracle posted earnings that topped Wall Street estimates and lifted its outlook, as strong AI demand drove its sales and backlog to record highs.
Oracle (ORCL) reported its third quarter earnings after the bell on Tuesday, beating expectations on the top and bottom lines and raising its 2027 revenue guidance to $90 billion, sending the ...
Amazon kicked off what is set to be the busiest day on record for the US corporate bond sales with plans to raise more than $40bn as borrowers rushed to take advantage of calmer markets after US ...
Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...
Tech rotation creates opportunity in Nvidia, Broadcom and Microsoft as AI data-centre spending and computing demand continue to surge.
BARCELONA – Lumen Technologies CEO Kate Johnson warned of the impact of digital sovereignty with regard to AI innovation, in an exclusive interview with SDxCentral held at this year’s edition of ...
IT ExchangeNet advised Glew.io on its acquisition by Everest Group, expanding Everest's tech portfolio with a leading ...
The chip cycle is moving so fast that even the biggest infrastructure deals can’t keep up.” That line from CNBC’s Deirdre Bosa captures the core tension now rattling AI infrastructure investors.
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