Oracle Corp. shares fell more than 10% in extended trading after the company reported a jump in spending on AI data centers ...
Oracle forecast sales and profit that missed analyst estimates on Wednesday, while saying that spending would rise by $15 ...
Oracle shares slid more than 6% on Wednesday in after-hours trading, after the software giant posted revenue results that ...
Oracle shares fell more than 6% in after-hours trading on Wednesday after the database and cloud firm said it burned roughly $10 billion in the November quarter as it ramps up spending on data centers ...
Oracle leadership will likely field plenty of questions on not just AI, data center revenue, but also on the quality of that ...
The costs of Oracle’s AI data center expansion is becoming clear—and Wall Street isn’t happy. The software and cloud firm, ...
The company’s growing data-center outlays will take longer than investors would like to pay off.
Oracle Corporation (NYSE: ORCL) spent two decades as a database giant before pivoting hard into cloud infrastructure. That ...
The earnings call comes on the back of a 23% drop in Oracle’s share price last month, its worst monthly performance since ...
Oracle stock tumbled after the company reported second-quarter earnings that came in way above projections, and guidance that ...
Oracle stock has fallen nearly 30% in a month as debt worries and AI-related uncertainty hit sentiment. The company has added tens of billions in new borrowing to fund rapid data-center expansion, ...
Oracle has launched a second cloud region in Italy. Located in Turin in northern Italy, the region will give organizations access to all of Oracle Cloud Infrastructure's cloud and AI services.