Oracle Corp. will announce its Q4 and full-year fiscal 2026 earnings on June 10, with analysts forecasting a strong quarter driven by cloud growth. Expected Q4 revenues are $19.1 billion, marking a 20% increase year-on-year. The company’s AI-driven backlog expansion is seen as a key factor supporting this positive outlook, signaling continued momentum in its cloud business segment.
Oracle's stock is expected to increase by about 34% over the next three years, fueled by rapid growth in its multicloud database and AI infrastructure segments, which grew 531% and 243% year-on-year respectively. The company’s strategic partnerships ...
Spot gold and silver prices fell sharply amid a U.S. inflation rate remaining above 4% in May and ongoing U.S.-Iran tensions affecting market sentiment. Gold dropped about 2.2% to near $4,165.90 an ounce, while silver declined over 1%. The persistent...
US stock markets face a key test with CPI inflation data expected above 4% and Oracle reporting earnings after the bell. Despite inflation concerns, sectors sensitive to interest rates like homebuilders and regional banks rallied, supported by bullis...
Larry Ellison's net worth fell by over $10 billion after Oracle shares dropped more than 4%, amid a broader tech stock decline. This slide pushed Ellison from second to fifth-richest globally, behind Jeff Bezos and Google co-founders. Oracle's shares...
Palantir and Oracle both released earnings highlighting AI as a growth driver but with contrasting business approaches. Palantir, a capital-light software company, reported 70% revenue growth led by a 137% surge in U.S. commercial AI adoption, with r...
