Oracle Chief Financial Officer Doug Kehring said Wednesday that the database and cloud firm was exploring unusual ways to lower its spending on data centers for artificial intelligence. Kehring said ...
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The earnings call comes on the back of a 23% drop in Oracle’s share price last month, its worst monthly performance since ...
Oracle flagged new business from Meta and Nvidia in reporting a 438% increase in remaining performance obligations.
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Oracle posted 34% cloud growth to $7.98 billion and 68% infrastructure growth to $4.08 billion
Oracle reported a cloud revenue result that landed below expectations, leaving investors uneasy about how long its massive AI booking wave will take to turn into steady cash. Fiscal second-quarter ...
Oracle Corporation (NYSE: ORCL) today announced fiscal 2026 Q2 results. Total Remaining Performance Obligations were up 438% year-over-year in USD to $523 billion. Total quarterly revenues were up 14% ...
MCP is still evolving, but it is an important step in addressing the interoperability of multi-agent architectures in multicloud environments.
NVIDIA Corporation (NASDAQ: NVDA ), which has major contracts in place to supply Oracle Corporation (NYSE: ORCL) with data center chips, fell 1.3%, while rival cloud firm CoreWeave Inc (NASDAQ: CRWV) ...
Wall Street might also have been put off by capital expenditure rising to $12 billion during Q2, above expectations of $8.4 billion. The firm is raising full year CapEx estimates by $15 billion to $50 ...
Tech giants are undergoing a massive workforce overhaul in 2025, with over 122,000 employees laid off. This significant ...
O 9, Kevin Mahn from Hennion & Walsh and Victoria Greene from G Squared Private Wealth appeared on CNBC television for an ...
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