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.
Oracle's (ORCL) stock jumped on Wednesday after fiscal third-quarter results and outlook beat estimates and drew positive ...
Oracle shares surged about 12% on Wednesday after the software giant's upbeat revenue forecast eased concerns over its hefty spending on artificial intelligence ​infrastructure.
Q3 FY2026 earnings call recap: 20%+ revenue/EPS growth, surging AI & multicloud database, $553B RPO, and outlook—read key takeaways.
D.A. Davidson's Gil Luria joins 'Fast Money' with reaction to Oracle quarterly results. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered ...
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.
Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...