Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...

HP Enterprise (HPE) down 12% to $21.13 despite 150% Networking growth, net income fell to $305M from $1.37B; Oracle (ORCL) down 21% to $152.96, 68% IaaS growth, $523B backlog; Adobe (ADBE) down 19% to ...

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 (ORCL) reports Q3 earnings after the bell tonight. Shares of the company remain under pressure headed into earnings as Wall Street worries about debt load and the company’s deep ties to OpenAI.

Oracle headlines an earnings calendar that also features Adobe and Dollar General. The surge in energy prices may fuel extra interest in the two inflation readings on the slate. And the Senate is ...

March 10 (Reuters) - 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. The ...

Oracle shares climbed hard after the company posted quarterly numbers that beat Wall Street estimates and lifted its fiscal 2027 revenue target. The stock rose as much as 10% in extended trading on ...

Every weekday, the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. 1. Stocks opened lower on Tuesday but quickly ...

Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...