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Oracle has plowed more than $20 billion into capital expenditure in the first half of its financial year, as the tech company rushes to build out data centers for artificial intelligence. Oracle said ...
Tech stocks dragged US benchmark indices lower on Thursday after Oracle's disappointing quarterly results. The S&P 500 index shed 0.4%, while the tech-heavy Nasdaq Composite dropped 0.7% at open. The ...
Oracle’s $2.26 EPS beat relied on a $2.7B one-time gain. Core earnings missed at $1.33 versus $1.64 expected. CapEx guidance jumped $15B to $50B for fiscal 2026. Free cash flow burned $10B for the ...
Oracle (ORCL) shares fell 7% in extended trading on Wednesday as the IT giant continued to rack up deals, but its fiscal second-quarter results were mixed compared to Wall Street's forecast. For the ...
Oracle's first-quarter results, announced in September, delivered a significant positive surprise that outweighed modest revenue shortfalls. Although revenue of $14.9 billion and adjusted earnings per ...
Oracle has found itself in the line of fire as investors sound the alarm over its massive borrowing—and as broader concerns about artificial-intelligence spending rock the market.