Oracle Corporation (ORCL)
Oracle posts strong Q4 beat but $40B fundraising plan weighs on shares
Oracle Corp (NYSE:ORCL, XETRA:ORC) reported better-than-expected fourth-quarter results on Wednesday, driven by surging demand for artificial intelligence infrastructure. However, its plans to raise approximately $40 billion through a combination of debt and equity to fund its AI datacenter buildout in fiscal 2027 sent shares falling nearly 9% in after-hours trading.
Cybercriminals claim breach of Oracle PeopleSoft servers at 100-plus organizations
The notorious cybercrime group ShinyHunters claimed to have hacked Oracle PeopleSoft servers at more than 100 organizations, many of them universities, a ShinyHunters member told TechCrunch on Wednesday. The breaches were first reported by BleepingComputer.
Oracle's stock slides after earnings, as the steep price of AI spooks investors
Oracle blew past earnings expectations and grew its contract pipeline to $638 billion, but Wall Street is concerned about its rising AI costs.
Oracle beats on earnings and revenue, adds $20 billion to planned capital raise
Oracle kept its fiscal year revenue guidance intact while raising its profit forecast. The company beat on earnings and revenue for the fiscal fourth quarter.
Why Oracle earnings are significant for Intel, AMD stock
Austin-headquartered Oracle (ORCL) is in focus at writing, as the cloud and AI infrastructure firm warms up to report its fiscal Q4 earnings after market close on Jun. 10. Consensus is for the Nasdaq-listed behemoth to post $1.96 a share of earnings for its fourth quarter, on a 20% year-on-year increase in revenue to $19.1 billion.
Ted Thatcher Calls ORCL “Forgotten Hyperscaler” Ahead of Earnings
Ted Thatcher explains what he'll watch for in Oracle (ORCL) earnings after Wednesday's closing bell. He calls Oracle the “forgotten hyperscaler” as it expands data center and cloud capabilities.
Where Will Oracle Stock Be In 3 Years?
This article was written and reviewed by Doug Nathman and his team at Trefis. For questions, email [email protected]
Oracle stock drops 3% as earnings test AI growth narrative
Oracle Corp. (ORCL) shares fell 3.3% in premarket trading on Wednesday ahead of the company's quarterly earnings report. Investors are closely watching whether Oracle's rapid expansion in artificial intelligence infrastructure can justify its rising debt levels and negative free cash flow.
Oracle's Stock Has Pulled Back Lately. These Analysts Are Growing More Bullish Anyway
Oracle's stock has taken a hit lately, but robust AI spending trends have some Wall Street analysts growing more bullish on the cloud services provider's stock ahead of its earnings report due tomorrow.
Options data reveals how Oracle stock may respond to its Q4 earnings tomorrow
Oracle (ORCL) shares remain in focus ahead of the artificial intelligence (AI) infrastructure firm's Q4 earnings set to be released tomorrow, June 10, after market close. Consensus is for the company to report $1.96 a share (EPS) of adjusted earnings on $19.1 billion in revenue – about a 20% growth on the top-line and 15% on the bottom-line.
Larry Ellison's Net Worth Plunges $10 Billion—Falls Behind Bezos To Fifth-Richest
Oracle will report earnings after market close on Wednesday. The company is expected to report $1.96 earnings per share and $19.1 billion in revenue, accounting for a 15% and 20% increase year-over-year, respectively, according to FactSet.
Will Oracle's AI Infrastructure Momentum Drive Results in Q4?
ORCL's AI deals, cloud growth targets and $553B backlog set up fiscal Q4, but heavy capex, debt and restructuring costs may pressure margins.
