Oracle bought the healthcare firm Cerner last year for $28 billion to help grow its cloud business. It may be considering more acquisitions to help it expand its cloud efforts this year, analysts say.
Shares of database and cloud company Oracle (NYSE: ORCL) fell 12% in the month of September, according to data from S&P Global Market Intelligence. Oracle released its fiscal first-quarter earnings ...
Oracle stock closed up almost 12% on Tuesday, hitting a record of $127.54, after the company reported fiscal third-quarter earnings that beat analysts' expectations. Stream NBC 5 for free, 24/7, ...
While Oracle topped Wall Street's earnings expectations, it fell short of revenue targets, and its surging capital expenditures are making shareholders uneasy. Broadcom added to the market's anxiety ...
“AI and machine learning is ... exploding,” Larry Ellison, Oracle co-founder and chief technology officer, said on an earnings call Monday. Oracle executives kept their latest quarterly earnings ...
Oracle beat on profits but slightly missed on revenue in its first-quarter earnings release. Having surged earlier this year on AI enthusiasm, a pullback was perhaps overdue. Oracle has interesting AI ...
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