Oracle shares ended Thursday trading up 3% as it called for more business in core categories and confirmed a cloud-computing deal with social media company Meta.
Oracle shares ended Thursday trading up 3% as it called for more business in core categories and confirmed a cloud-computing deal with social media company Meta.
Oracle Cloud Infrastructure on Tuesday announced that it will deploy 50,000 Advanced Micro Devices graphics processors starting in the second half of 2026.
President Donald Trump signed an executive order on Thursday declaring that his plan to sell Chinese-owned TikTok’s U.S. operations to U.S. and global investors will address the national security requirements in a 2024 law.
Oracle Corporation (NYSE:ORCL) shares jumped 5% in premarket trading Tuesday after CBS News reported that the software giant is among a consortium of firms that could enable TikTok to continue operating in the U.S. if a framework deal between Washington and Beijing is reached.
Oracle stock rose sharply after the software firm reported a mixed earnings report but revealed a significant increase in its backlog of contracted work.
Oracle shares rose about 8% in extended trading on Wednesday after the software maker reported results that exceeded Wall Street estimates and signaled that cloud growth will accelerate.
Oracle stock was down in premarket trading Tuesday after the company reported fiscal third-quarter results below Wall Street’s estimates.
OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son, and Oracle Chairman and CTO Larry Ellison joined President Trump to announce an investment of as much as $500 billion in artificial intelligence infrastructure in the U.S.
Expectations were high for Oracle’s November-quarter results. And when the software giant reported them, after Monday’s close, the numbers were slightly below the high hopes inspired by Oracle’s fast-growing services in artificial intelligence.
Oracle shares rose about 6% in extended trading on Thursday after the database software maker raised its fiscal 2026 revenue guidance and issued a heady forecast for the 2029 fiscal year.
Oracle shares rose 9% in extended trading on Monday after the database software vendor reported fiscal first-quarter results that topped Wall Street estimates.
Shares of database service provider Oracle fell after Elon Musk’s artificial intelligence startup xAI decided to bring some computing back in-house.
Oracle shares jumped as much as 11% in extended trading on Tuesday after the software maker announced cloud deals with Google and OpenAI, despite fourth-quarter results that fell short of Wall Street expectations.
Oracle reported an earnings beat in its quarterly results.
Oracle shares were heading sharply lower in late trading Monday after the enterprise software giant posted November quarter financial results that fell short of both the company’s own guidance and consensus Street estimates.
Oracle shares moved 9% lower in extended trading on Monday after the database software maker disclosed revenue and revenue guidance that were lighter than expected.
Oracle shares climbed as much as 5% in extended trading on Monday after the software vendor announced fiscal fourth-quarter results and quarterly revenue guidance that exceeded Wall Street’s expectations.