Oracle on Tuesday predicted that the AI data center boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8.3% in extended trading.
Oracle's cloud infrastructure business is accelerating rapidly, but investors should weigh the company's massive capital expenditure plans before buying shares.
Q3 FY2026 earnings call recap: 20%+ revenue/EPS growth, surging AI & multicloud database, $553B RPO, and outlook—read key takeaways.
On Tuesday, Oracle Corporation ORCL said its rapidly expanding AI data center business is already profitable, though heavy construction and expansion costs are temporarily weighing on overall margins.
Microsoft is in advanced talks to lease hundreds of megawatts of data center capacity at a closely watched artificial intelligence campus in Abilene, Texas, after rival Oracle walked away from the ...
The Larry Ellison-led software giant is remaking its cloud infrastructure to rival Amazon and Microsoft.
Sell Braze (BRZE): high operating losses, heavy stock-based comp & dilution, and moderate GenAI disruption risk.
The money-burning developers of ChatGPT and Claude sparked an investment mania, with Big Tech set to spend $650 bln this year on the AI race as lenders pile in. For now, this vast well of capital ...
Oracle Corp. engages in the provision of products and services that address aspects of corporate information technology environments, including applications and infrastructure technologies. It ...
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