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) operates as a major enterprise technology provider delivering database software, cloud infrastructure, and enterprise applications used by organizations across ...
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.
Oracle's backlog was the centerpiece of the results. CEO Safra Catz revealed that the company's remaining performance obligation (RPO) -- a backlog of future sales -- rose to $553 billion, surging 325 ...
Oracle's (ORCL) stock jumped on Wednesday after fiscal third-quarter results and outlook beat estimates and drew positive ...
Tyler Radke, co-head of U.S. software research at Citi, joins 'Squawk on the Street' to discuss Oracle's latest earnings report, the slump in software stocks, and more.
Oracle posted earnings that topped Wall Street estimates and lifted its outlook, as strong AI demand drove its sales and backlog to record highs.
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.
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Sasol relies on Java to power its applications that support approximately $14 billion in annual turnover. Java is deeply embedded in the company’s IT landscape, ensuring smooth operations and ...