The cloud-computing company posted a profit of $3.72 billion and raised its fiscal 2027 revenue outlook to $90 billion as AI ...

Oracle Corp. shares soared as much as 15% on Wednesday after the software and cloud services company reported strong sales and issued an outlook that suggests little letup in demand for AI computing.

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 ...

For the current quarter, Oracle said it’s looking for earnings of between $1.92 and $1.96 per share, well ahead of the analysts’ $1.70 per share forecast. In terms of revenue, it said it’s eying ...

Live Updates Conference Call Highlights 18 hours ago Here’s the key highlights from Oracle’s conference call: First 20/20 ...

Oracle is scheduled to report its fiscal third-quarter financial results after the market closes on Tuesday. Here is what to know. REVENUE: The software and cloud-computing company is expected to ...

(Bloomberg) -- Oracle Corp. expects to generate about $65 billion in annual revenue by fiscal year 2026, fueled by its cloud infrastructure and business applications business. Shares gained on the ...

DUBAI, UAE, Jan. 21, 2025 /PRNewswire/ -- Oracle CloudWorld Tour-- Oracle today announced new AI agents and generative AI capabilities within Oracle Fusion Cloud Sales to help sales teams create more ...