Oracle is set for a strong fiscal Q4 driven by accelerating cloud infrastructure growth fueled by AI demand and easing capacity limits. Analysts expect 90% year-over-year growth in Oracle Cloud Infrastructure and strong revenue gains, with cloud revenue growth guided at 44% to 48%. The near-term growth excludes OpenAI contract contributions, expected in late fiscal 2027, indicating momentum from other GPU-intensive and core cloud services. Investors will also watch new CFO Hilary Maxson's approach to capital and operating margins, as Oracle shares have outperformed the software index this year.
Oracle Corporation reported strong growth in its Oracle Cloud Infrastructure (OCI) segment and beat earnings per share expectations. However, the company's investment case is shifting from software to capital-intensive AI infrastructure, leading to i...
Oracle reported record quarterly revenue of $19.2 billion, beating estimates with a 21% year-over-year increase and strong cloud infrastructure growth of 93%. However, the company's flat revenue guidance of $90 billion for fiscal 2027 disappointed in...
Oracle Corporation reported a strong Q4 with revenue up 21% and EPS up 24%, surpassing analyst expectations. The growth was primarily fueled by its cloud infrastructure segment, which saw revenue rise over 90% year-over-year and performance obligatio...
Oracle reported strong Q4 results with revenue up 21% to $19.2 billion and adjusted EPS of $2.11, driven by a 93% surge in Oracle Cloud Infrastructure revenue. Despite beating estimates, shares fell nearly 9% after the company announced plans to rais...
The cybercrime group ShinyHunters claimed to have hacked Oracle PeopleSoft servers at over 100 organizations, mainly universities, stealing sensitive data including student home addresses, phone numbers, emails, and birth dates. PeopleSoft software m...
