Oracle stock spikes 12% as strong Q3 earnings answer Wall Street AI build-out concerns
Oracle shares rose 12% on Wednesday after the company posted robust fiscal third-quarter earnings and assured analysts that the company ...
Tag: Oracle
AI chipmaker Cerebras namedropped by Oracle, alongside Nvidia and AMD
As AI chipmaker Cerebras angles for an eventual IPO, the company appears to have landed a significant cloud-computing customer: Oracle. ...
Oracle stock jumps 7% on earnings beat and increased guidance as cloud revenue climbs 44%
Oracle CEO Clay Magouyrk participates in a roundtable on a ratepayer protection pledge in the Indian Treaty Room of the ...
Oracle earnings will show whether its expensive AI bet is starting to pay off
Oracle reports third-quarter earnings on Tuesday, and it will be an unofficial test for the artificial intelligence trade. Following the ...
Oracle under pressure from more than $100 billion in debt and massive layoffs | Fortune
The $400 billion enterprise software and cloud infrastructure giant Oracle is in the hot seat with a fiscal third quarter ...
Oracle announces departure of two oldest directors, narrowing board to 12
George Conrades, then chairman and CEO of Akamai Technologies, listens during a meeting of the National Infrastructure Advisory Council in ...
Oracle shares on pace for worst quarter since 2001 as new CEOs face concerns about AI buildout
Oracle CEO Clay Magouyrk speaks at a Q&A session following a tour of the OpenAI data center in Abilene, Texas, ...
Oracle stock dips 5% on report Blue Owl Capital won’t back $10 billion data center
Oracle stock dipped about 5% on Wednesday following a report that discussions with Blue Owl Capital on backing a $10 ...
Oracle says there have been ‘no delays’ in OpenAI arrangement after stock slide
Oracle CEO Clay Magouyrk appears on a media tour of the Stargate AI data center in Abilene, Texas, on Sept. ...
Broadcom tumbles 11% despite blockbuster earnings as ‘AI angst’ weighs on Oracle, Nvidia
Broadcom CEO Hock Tan.Lucas Jackson | ReutersBroadcom's quarterly results and guidance sailed past Wall Street estimates. It didn't matter. The ...
