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

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 has made a dramatic ...
Indiatimes

Oracle co-CEO Mike Sicilia: AI coding tools hurting software companies does not apply to Oracle, yes they may disrupt ...

Oracle proved most analysts wrong as the company posted strong quarterly results. The company's Q3 FY2026 results surpassed both earnings and revenue expectations. The results help to allay investor ...
Axios on MSN

Oracle stock surges on strong AI revenue forecast

Oracle shares jumped Tuesday after the cloud computing giant said it expects to "comfortably meet and likely exceed" its previous revenue growth outlook for the next fiscal year "and beyond." Why it ...

Oracle Will Downsize Its Product Teams Because Of AI

But did Oracle convince investors? Reading time 3 minutes In a third-quarter earnings report on Tuesday, tech giant Oracle announced quarterly revenue growth above expectations and an increased sales ...
CRN

Oracle Q3 Earnings: ‘SaaSpocalypse’ Is Coming—Just Not For Oracle, Executives Say

Oracle co-CEO Mike Sicilia and Chief Technology Officer and co-founder Larry Ellison dismissed concerns around a “SaaSpocalypse” of more traditional enterprise software-as-a-service vendors getting ...
VentureBeat

Oracle APEX gets AI assistants to help with low-code enterprise app development

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Oracle’s low-code development platform is being infused with artificial ...
CNET

Oracle to 'Fortify' its source code

Oracle, recently under fire from security researchers for the state of its product security, is further automating its bug-checking process. The Redwood Shores, Calif.-based enterprise software maker ...