Oracle on Monday topped fourth-quarter revenue estimates and forecast an upbeat first quarter, driven by growing demand for its cloud offerings from companies deploying AI, sending its shares up ...

In a hostile takeover attempt, Oracle offered to buy rival PeopleSoft Inc. for $5.1 billion four days after PeopleSoft announced it would buy rival J.D. Edwards & Co. for stock initially worth $1. ...

Oracle Cloud, Licensing Demand Leads To Strongest Organic Growth In Over 10 Years ... Cloud services and license support revenue rose 5 percent to $30.17 billion, ...

Reuters. FILE PHOTO: A logo of cloud service provider Oracle is seen at the company's offices at Eastpoint Business Park, Dublin, Ireland October 18, 2021.

During the previous quarter, revenue from cloud services and license support rose to $11.7 billion, exceeding the Street’s target of $11.59 billion, while cloud and on-premises license revenue ...

Optimism surrounding Oracle’s ORCL cloud and AI infrastructure endeavors pushed its stock to an all-time high of $228 a share on Monday. This comes as the enterprise cloud leader has secured ...

Oracle shares rose more than 10% on Tuesday as a push to embed AI into its cloud service products boosted its first-quarter results and helped it narrow the gap with market leaders.

Bloom Energy (NYSE:BE) +12.6% pre-market Thursday after saying it will deploy its fuel cell technology at select Oracle (ORCL ...

One of the significant advantages of Compute Cloud@Customer lies in its scalability and adaptability. In fact, businesses can flexibly deploy Oracle Cloud services in a diverse range of cloud ...

Narrow-moat Oracle’s first-quarter results mildly beat our top- and bottom-line expectations as Oracle’s cloud services sector became Oracle’s largest sector—with help from all things ...

Oracle's cloud services revenue rose 21% to $5.6 billion in the first quarter. Revenue for the quarter ended Aug. 31 stood at $13.31 billion, compared with analysts' estimates of $13.23 billion ...

(Reuters) -Oracle raised its annual revenue growth forecast on Wednesday, betting on robust demand for its cloud offerings from companies deploying artificial intelligence, sending its shares up ...