Investing.com -- S&P Global Ratings revised its outlook on Oracle Corp (NYSE:ORCL). to negative from stable on Wednesday, while affirming the company’s ’BBB’ long-term issuer credit rating. The rating ...
Total Revenue: $15.9 billion, up 11% from last year. Non-GAAP EPS: $1.70. GAAP EPS: $1.19. Total Cloud Revenue (SaaS + IaaS): $6.7 billion, up 27%. Total Cloud Services and License Support Revenue: ...
Oracle's cloud infrastructure business is booming, and the company recently scored a big win with the U.S. Department of Defense. Growing the cloud business has required a dramatic increase in capital ...
Oracle's stock surged to a record high following the announcement of a major cloud computing agreement projected to generate over $30 billion in annual revenue starting in fiscal year 2028. This deal, ...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Brody Ford looks at one of the downsides of Oracle’s leap into ...
Bullish flow in Oracle (ORCL), with shares up $6.64, or 2.27%, near $298.82. Options volume more than double the daily average with 420k contracts traded and calls leading puts for a put/call ratio of ...
Oracle likely will remain the cloud computing provider for TikTok, the social media app run by China-based ByteDance, in a deal that provides an important plank of financial support as the tech giant ...
We recently published Jim Cramer Discussed These 11 Stocks & The Market’s 3rd Bull Run Anniversary. Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer recently discussed. Oracle ...