The remarks came a day after Oracle began a new round of layoffs, following cuts earlier this year.
Oracle said on Saturday that its co-founder and executive chairman Larry Ellison had canceled a plan to sell up to 50 ...
Oracle stock faces a critical test as Larry Ellison plans a $7.5 billion sale, while AI spending, capital raises and negative cash flow reshape the company and its value.
Oracle Corporation reported strong cloud growth and raised its revenue outlook, but underlying revenue growth was minimal. Read more on ORCL stock here.
Meanwhile, Jefferies reiterated its Buy rating and $290 price target, highlighting Oracle's significant backlog.
Oracle stock jumped late Thursday after the tech giant reported fiscal first-quarter results that beat expectations.
Cloud revenue soared 62% in the quarter to $11.61 billion, topping the $11.51 billion consensus among analysts polled by StreetAccount. Revenue from cloud infrastructure more than doubled to $7.4 ...
Call options on Oracle are trading richer than puts ahead of earnings, a pattern that almost never happens without a reason. Whether that reason reflects genuine conviction or a quirk of derivatives ...
Larry Ellison holds tens of billions in Oracle stock and reportedly avoids triggering a capital-gains bill by never selling. The legal mechanism behind that move scales down to ordinary brokerage ...
OCI has been Oracle's primary growth engine over the past year. In fiscal 2026 (which ended on May 31), its cloud infrastructure revenue surged 77% to $18.1 billion, accounting for 27% of its top line ...
Follow this author to personalize your feed and get instant alerts. WHY FOLLOW? Update your preferences in Account Settings Correspondent Oracle chairman and CTO Larry Ellison at the White House in ...
Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...
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