Oracle Corp (ORCL) reports robust revenue and EPS growth, driven by significant advancements in AI and multicloud services.
Has large enterprise cloud ERP adoption finally turned a corner? No - I'm not talking about lift-and-shift into a private cloud. No, I'm not talking about a transitional "public cloud" move that keeps ...
No signs of the wretched ‘SaaSpocalypse’ as Oracle turned in a strong Q3. Revenue rose 18% year-on-year to $17.19 billion, with profit of $3.72 billion, up from $2.94 billion a year ago. Total cloud ...
Oracle has embedded GPT-5 into its cloud infrastructure and SaaS apps, extending generative AI to databases, HR, finance, and supply chain tools for enterprise customers. OpenAI CEO Sam Altman speaks ...
Despite operating in a different league than traditional Big Tech giants, Oracle has heavily invested in the AI-driven future of computing and cloud services. The Austin-based ...
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 ...
ORCL posts Q3 earnings beat as cloud infrastructure surges 84%, and AI-driven demand lifts revenues 22%, marking its first 20%+ EPS and revenue growth quarter in 15+ years.
This analysis is by Bloomberg Intelligence Senior Industry Analyst Anurag Rana and Bloomberg Intelligence Associate Analyst Andrew Girard. It appeared first on the Bloomberg Terminal. Enterprise ...
Oracle beats Q3 revenue forecasts, uses AI to boost productivity, restructures teams, and plans job cuts while expanding ...