The market's enthusiasm for AI is having a material impact on this tech stalwart's financials.

Oracle’s cloud segment, which now represents over half of the company’s sales, grew 44% from a year ago, to $8.9 billion.

Oracle ( ORCL) reported its third quarter earnings after the bell on Tuesday, beating expectations on the top and bottom lines and raising its 2027 revenue guidance to $90 billion, sending the company ...

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 ...

For the first time in over a decade and a half, Oracle says it grew both revenue and earnings by at least 20%.

Oracle execs tried to calm investor fears that AI will replace traditional software tools.

Oracle (ORCL) shares were active in extended trading on Tuesday after the IT giant reported fiscal third-quarter results. Read for more.

Live Updates Conference Call Highlights 14 minutes ago Live Here’s the key highlights from Oracle’s conference call: First 20/20 Quarter in 15 Years CFO Doug Kehring set the tone early: “Q3 being the ...

Larry Ellison’s firm has become the target of investors critical of the AI market.

The Austin-based tech company forecast $90 billion in revenue as investors watch whether its costly data center expansion will pay off.

By Juby Babu and Stephen Nellis March 10 (Reuters) - 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 ...

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center ...