CRN

Oracle Q2 Earnings: New CEOs Try To Clarify AI Capital Costs, Show Growth Across Applications And Infrastructure

‘We are the only applications company in the world that’s selling complete application suites,’ Oracle co-CEO Mike Sicilia says. Oracle co-CEO Clay Magouyrk sought to clarify how the vendor finances ...
SiliconANGLE

Shares of Oracle slide 10% on revenue miss and rising capital expenditures

Shares of Oracle Corp. dropped more than 10% in extended trading today after the cloud and database giant missed expectations on quarterly revenue while going full-steam ahead on its ongoing ...
Hosted on MSN

The $110 billion catalyst that makes it more likely Oracle will hit its 700% cloud infrastructure revenue growth guidance by 2030

Oracle is building data centers that essentially rent chips to companies looking to run artificial intelligence solutions. Oracle's backlog is heavily dependent on a multi-year, ...
Reuters

Oracle sees AI boom through at least 2027, sending shares up 8%

Oracle's AI data center strategy boosts revenue forecast to $90 billion by 2027 RPO grows 325% YoY to $553 billion in Q3, surpassing estimates Oracle's cloud margins expected to improve with database ...