Oracle executives repeatedly said the company is insulated from the AI threat. It might be time for investors to listen.
Oracle execs tried to calm investor fears that AI will replace traditional software tools.
On its latest earnings call, Larry Ellison grabbed one of tech’s nastier new panic phrases — the SaaS-apocalypse — and used it to try to argue that AI’s shakeout won’t bury Oracle but could instead ...
Oracle Corp. shares soared as much as 15% on Wednesday after the software and cloud services company reported strong sales and issued an outlook that suggests little letup in demand for AI computing.
Oracle proved most analysts wrong as the company posted strong quarterly results. The company's Q3 FY2026 results surpassed ...
The company is benefitting from customers who are looking for “ecosystem automation” rather than single applications, co-CEO Mike Sicilia said.
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. Oracle has made a dramatic ...
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 ...
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