Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.
Discover how Oracle's earnings report could influence its full-year 2026 guidance and long-term growth strategy. Read more here.
Oracle's overall revenue increased 22% year over year in the fiscal third quarter, which ended on Feb. 28, according to a statement. Net income rose to $3.72 billion, or $1.27 a share, from $2.94 ...
Oracle's strong quarterly numbers have eased Wall Street's fears about the growing price tag and debt tied to its ambitious AI data center push.
The site in question is one of the flagship centers of the Stargate Project. C onstruction continues on the 1,000-acre development, and both Oracle and OpenAI are continuing to utilize the Stargate ...
21hon MSN
Oracle, OpenAI abandon Texas AI data centre expansion tied to $500 billion Stargate project: Report
Despite cancelling the planned 600-MW expansion at the Abilene site, Oracle and OpenAI’s broader plan to build 4.5 gigawatts ...
Today, March 11, 2026, investors are weighing blockbuster cloud and AI growth against massive data center spending and cash flow pressure.
Oracle Corporation (NYSE:ORCL) is one of the Best Technology Stocks to Buy for the Long Term. On March 6, Reuters reported that Oracle Corporation (NYSE:ORCL) and OpenAI have abandoned plans to expand ...
Shares of Oracle and chipmakers rose on Wednesday after a strong earnings report signaled AI demand remains healthy, but ...
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 ...
Oracle (ORCL) reported its third quarter earnings after the bell on Tuesday, beating expectations on the top and bottom lines and raising its 2027 revenue guidance to $90 billion, sending the ...
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 ...
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