Cloud Computing Oracle

AI, Oracle

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.

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Oracle Stock Gains 9% After Earnings Show Strong Demand

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Oracle's latest earnings have soothed investors' AI fears, and the stock is surging

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Oracle rallies as strong revenue forecast eases concerns over massive AI bets

Oracle (ORCL.N) shares surged about 12% on Wednesday after the software giant's upbeat revenue forecast eased concerns over its hefty spending on artificial intelligence infrastructure.

Axios · 1d

Oracle stock surges on strong AI revenue forecast

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Oracle Shares Jump as AI Demand Outpaces Supply

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Oracle shares rally as it reassures investors over its AI data centres bet

Oracle credited strong “demand for cloud computing for AI training and inferencing” with helping it “comfortably meet and likely exceed our revenue growth rate forecast for [2027] and beyond”.

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Oracle Earnings Beat Expectations as Small Layoff Begins Because of AI

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Oracle Stock Jumps After Earnings Beat Expectations. Why It ‘Will Not Be’ Disrupted.

20hon MSN

Oracle soars on strong AI cloud sales, fiscal-year outlook

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.

12h

Oracle's AI-Fueled Growth Silences Doubters -- for Now

Oracle's backlog was the centerpiece of the results. CEO Safra Catz revealed that the company's remaining performance obligation (RPO) -- a backlog of future sales -- rose to $553 billion, surging 325% year over year. Driving the increase was several "large-scale AI contracts" signed during the quarter.

18hon MSN

Oracle stock spikes 9% as strong Q3 earnings answer Wall Street AI build-out concerns

Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.

Is Oracle Stock The New King Of Cloud Growth?

While Oracle has traditionally been viewed as a legacy database provider, its aggressive pivot toward Oracle Cloud Infrastructure (OCI) has sparked a

1mon

Oracle (ORCL) Remains a Long-term Cloud Computing Story Despite Near-Term Headwinds

Oracle Corporation (NYSE:ORCL) is one of the most promising cloud stocks according to analysts. Morgan Stanley, in an update issued on January 23, lowered its target price on Oracle Corporation (NYSE: ORCL) from $320 to $213.

11h

Tech Up as Oracle Earnings Quell AI Worries -- Tech Roundup

Shares of Oracle leapt more than 10% after demand from companies building AI models boosted its cloud-computing revenue. Oracle also forecast robust revenue growth continuing through 2027, alleviating concerns that it was overspending on AI infrastructure.

Nasdaq

Amazon vs. Oracle: Which Cloud Computing Stock is a Better Bet?

In the high-stakes world of cloud computing, Amazon.com AMZN and Oracle ORCL represent contrasting approaches to capturing the explosive growth in artificial intelligence and enterprise computing. Amazon, with its dominant Amazon Web Services (“AWS ...

14h

Oracle shares jump nearly 10% as AI cloud revenue surges 84%

Oracle reports $4.9 billion infrastructure revenue, beats expectations, and forecasts about $90 billion in revenue for the fiscal year starting in June.