Down big off its high, the sell-off in Oracle could be a buying opportunity for risk-tolerant investors.
The so-called SaaS-pocalypse has been working its way through the software scene in recent months, with things getting ...
While Oracle has traditionally been viewed as a legacy database provider, its aggressive pivot toward Oracle Cloud ...
Oracle Corporation's (ORCL) record $553 billion backlog and OCI's robust 44% growth rate provide clear revenue visibility for ...
Evercore analyst Kirk Materne said Oracle's announcement of using $25B in debt and $25B in equity to capitalize itself, along ...
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 ...
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 cloud segment, which now represents over half of the company’s sales, grew 44% from a year ago, to $8.9 billion.
There’s something of a trend around legacy software firms and their soaring valuations: Companies founded in dinosaur times are on a tear, evidenced this week with SAP‘s shares topping $200 for the ...