Oracle beats estimates
Digest more
Oracle stock jumps
Digest more
Shares of Oracle and chipmakers rose on Wednesday after a strong earnings report signaled AI demand remains healthy, but stocks remained under pressure from rising oil prices and geopolitical risk.
Oracle (NYSE:ORCL) is trading around $165 after a bruising 23% year-to-date pullback from its December close, even as the business just delivered its strongest quarter in over a decade. The analyst consensus sits at $253,
Oracle (NYSE:ORCL) reported its fiscal third-quarter 2026 results after the bell on Tuesday, March 10, and the market liked what it saw. ORCL stock rose approximately 9% in premarket trading on Wednesday,
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 revenue was at the high end of constant currency guidance and above USD guidance,
Oracle's cloud infrastructure business is accelerating rapidly, but investors should weigh the company's massive capital expenditure plans before buying shares.
Oracle Corp. shares soared as much as 15% on Wednesday after the software and cloud services company reported strong sales and issued an outlook that suggests little letup in demand for AI computing.
Oracle reported its third-quarter earnings on Tuesday, with investors treating the results as an important signal for the artificial intelligence trade. The company has been expanding its cloud infrastructure to support AI computing demand,
Oracle (ORCL) stock weakens as the company announces sweeping job cuts to manage rising AI infrastructure costs and plans to raise $45B-$50B in capital.
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Having made a raft of acquisition, the exchange operator is seeking to streamline its operations, replacing 17 legacy ...
Leading workforce solutions company consolidates over 20 business systems and embraces automation to increase productivity, reduce costs, and improve business insights TrueBlue helps clients improve growth and performance by providing staffing, workforce ...