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ORCL posted record $638B in remaining performance obligations, signaling strong future revenues. Cloud revenues rose 47%, with infrastructure surging 93% and apps up 10% y/y. The FY27 capex of $70B ...

NexFuture (June 12, 2026) — Sports prediction has a new, unexpectedly avian face. At Japan's Nasu Animal Kingdom, an African Grey parrot named Olivia is currently dominating domestic social media ...

The AI industry’s effort to build as many data centers as possible has spurred trillions in global debt. If that worries you, prepare to get even more worried. Oracle said in its earnings report on ...

Part of the market's concern seems to center on what all of this growth costs. Oracle said it plans to raise about $40 billion in fiscal 2027 to help fund its artificial intelligence (AI) data center ...

Oracle ORCL1.77%increase; up pointing triangle shares plunged as the cloud-computing and software giant reported higher spending associated with its massive infrastructure expansion, despite rising ...

Oracle is wrapping up a historic downsizing, cutting roughly 18% of its global workforce—about 30,000 jobs—to aggressively pivot toward AI infrastructure Screenshot/X Oracle Corp is now wrapping up ...

A critical security vulnerability affects Oracle's PeopleSoft Enterprise PeopleTools. Attackers can exploit it without prior authentication and ultimately execute injected malicious code. Admins ...

Get ahead of the market by subscribing to Seeking Alpha's Wall Street Week Ahead, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to ...

WASHINGTON, June 10 (Reuters) - President ⁠Donald ⁠Trump's administration has awarded ⁠Oracle a contract to provide a U.S. government-wide HR platform, according to a statement, making the company a ...

June 10 (Reuters) - Oracle on Wednesday forecast capital spending ⁠plans ⁠for fiscal 2027 above Wall Street estimates, as ⁠the cloud computing company said it will also raise more debt in 2027, ...