Oracle shares led the tech sector higher Wednesday as investors cheered the cloud giant's better-than-expected earnings and stronger outlook.
Oracle (ORCL) earnings show 20% revenue growth with stable margins, strong cloud/AI backlog and upside valuation potential.
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 ...
Oracle's $300 billion deal with OpenAI established it as a major player in AI cloud computing alongside Amazon, Google and ...
Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after ​negotiations ...
Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.
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Energy Transfer LP (ET) has begun deliveries of natural gas to Oracle Corp.’s massive Texas data center, marking the start of what the firm bets could be a rippling wave of demand for Permian Basin ...
KENNEWICK — For more than a year, the company behind the largest private economic development project in the region’s history hid behind an alias. No longer. Amazon Data Services is the company behind ...