Oracle Corporation (ORCL)
Oracle's stock rises as AI demand spurs an earnings milestone not seen in 15 years
Oracle proved the artificial-intelligence doubters wrong on Tuesday as the company beat expectations on revenue and earnings, while disclosing that it doesn't expect it will need to take on more financing to support its growing set of AI contracts.
Oracle Q3 earnings are in, and cloud numbers are hard to ignore
Oracle has given Wall Street a turbulent ride over the past six months. The stock surged 36% after its first-quarter results, only to tumble 12% following the second quarter, even though revenue beat expectations.
Oracle Shares Rocket 8% As Q3 Earnings Top Expectations
56%. That's how much Oracle's shares have fallen since hitting an all-time high ($345.72) on Sept. 10, ranking as the worst performance across all stocks on the S&P 500 over that period, while also falling 23% this year.
Oracle shares jump on fiscal Q3 beat, boosted revenue guidance
Oracle Corp (NYSE:ORCL, XETRA:ORC) shares moved more than 7% higher after the company reported stronger-than-expected earnings for its fiscal third quarter and raised its longer-term revenue outlook. The enterprise software company posted non-GAAP earnings per share of $1.79, topping Wall Street estimates of $1.69.
Oracle reports earnings beat as cloud revenue jumps 44%
Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. The database and cloud company now owns 15% of TikTok's U.S. business.
Oracle beats quarterly revenue estimates, shares rise
Oracle beat Wall Street estimates for third-quarter revenue on Tuesday, as robust demand for its cloud computing services, driven by the artificial intelligence boom, helped the company compete against larger rivals.
Oracle (ORCL) Reports After the Bell Tonight — Here's What to Watch
AI infrastructure stocks in general have had a good day, but Oracle (ORCL) shars remain under pressure.
Small-Business Optimism Index Declined in February
With assurances that the war in Iran will be a short-lived “excursion,” oil prices yesterday pulled back from their highest levels in almost 20 years — the first drop in oil prices since the U.S. and Israel initiated their attacks on Iran a week and a half ago. This helped moved markets forward to start the new trading week: +0.50% on the blue-chip Dow, +1.38% on the S&P 500 and +0.38% on the tech-heavy Nasdaq.
Why ORCL Slipped 50% From Its AI Peak
In the past six months, Oracle (ORCL) experienced a stock decline of 54% despite an increase in revenue and profit margins. The rising AI-driven backlog and $50B capital expenditure plans raised investors' concerns regarding potential short-term profits, while increasing debt, declines in legacy segments, and an expensive restructuring led to a significant retreat.
Oracle's massive AI cloud bet draws scrutiny after $50B financing push
Oracle reported its third-quarter earnings on Tuesday, with investors treating the results as an important signal for the artificial intelligence trade. The company has been expanding its cloud infrastructure to support AI computing demand, a strategy that has required heavy capital investment.
CNBC's Deirdre Bosa Warns Oracle Investors: A $523 Billion Backlog May Not Be What It Seems
“The chip cycle is moving so fast that even the biggest infrastructure deals can't keep up.
5 Things to Know Before the Stock Market Opens
Stock futures are slightly lower this morning after a wild trading session yesterday amid hopes that the Iran war won't be protracted; oil prices are sliding after President Donald Trump indicated that the armed conflict could end soon; officials from G-7 countries are set to meet to discuss a potential release of oil barrels from strategic reserves; cloud computing giant Oracle is due to release its quarterly results after the closing bell; and shares of Hewlett Packard Enterprise are rising after the server maker boosted its full-year outlook. Here's what you need to know today.
