Catz stated, "For fiscal year 2026, we remain confident and committed to full year total revenue growth of 16% in constant currency." She added, "Total revenue are expected to grow from 12% to 14% in ...
Oracle Corporation finds itself navigating a critical juncture, caught between the explosive expansion of its cloud services ...
Catz raised Oracle's fiscal year 2026 revenue guidance to at least $67 billion, representing 16% growth in constant currency. She added, "I expect that total cloud revenue will grow over 40% in ...
On Oct. 7, tech media outlet The Information reported that Oracle‘s ORCL graphics processing unit rental business generated a 14% gross margin in the quarter ended Aug. 31. Oracle shares were down as ...
Oracle stock's recent sell-off reflects growing unease about the cost and timing of its AI infrastructure gamble.
Oracle's cloud infrastructure business is booming, and the company recently scored a big win with the U.S. Department of Defense. Growing the cloud business has required a dramatic increase in capital ...