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 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.

The bearish perspective that Oracle is a legacy company losing the cloud battle is directly countered by the 84% increase in ...

Oracle (ORCL) earnings show 20% revenue growth with stable margins, strong cloud/AI backlog and upside valuation potential.

Oracle's overall revenue increased 22% year over year in the fiscal third quarter, which ended on Feb. 28, according to a statement. Net income rose to $3.72 billion, or $1.27 a share, from $2.94 ...

March 11 (Reuters) - Oracle shares surged about ⁠10% ⁠before the bell on Wednesday ⁠after the software giant's upbeat revenue forecast calmed worries over faster returns from its hefty spending on ...

Oracle is no longer just a SaaS and database company. It is becoming a large-scale AI infrastructure provider, and that shift is already reaccelerating overall growth. The market’s biggest concern is ...

Shares of Oracle (ORCL) rose nearly 9% in Tuesday's extended session as investors gained confidence in the company's ability to turn its AI contracts into revenue. Revenue for the quarter was $17.2 ...

Oracle's competition with Salesforce is heating up, Valoir analyst Rebecca Wettemann says. Oracle is developing more applications that go head-to-head with Salesforce's offerings, Wettemann says. Both ...

Oracle posted earnings that topped Wall Street estimates and lifted its outlook, as strong AI demand drove its sales and backlog to record highs.

To have confidence in this trade, you’ll want to anticipate long-term appreciation in the stock. Because when the time comes, you want to be enthusiastic about ...