Oracle ended its fiscal third quarter with $553 billion in remaining purchase obligations -- up 325% year over year.

Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.

Oracle has guided for tremendous revenue growth in its cloud infrastructure business over its next four fiscal years.

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Oracle (ORCL) has plans to reduce its workforce by thousands of employees due in part to its immense spending on expanding data center capacity for artificial intelligence, according to Bloomberg. The ...

ORCL shows early bottoming signs after a 60.9% decline. Potential double bottom forming with $165.39 neckline. 20-day moving average reclaimed and confirmed as support. Break above downtrend line ...

Is Oracle Corp.’s reported $300 billion infrastructure deal with OpenAI a sign of robust artificial-intelligence spending for years to come — or an indication that AI players have gotten ahead of ...

President Donald Trump will meet with executives from Amazon, Google, Meta, Microsoft, xAI, Oracle and OpenAI at the White House next week. They will sign a pledge to supply their own power for their ...

ENSURING TECH COMPANIES BUILD, BRING, OR BUY POWER FOR DATA CENTERS: Today, President Donald J. Trump brought the leading AI companies and hyperscalers together to sign the Ratepayer Protection Pledge ...

March 2 (Reuters) - The expanding U.S.-Israeli air war against Iran has sparked fresh uncertainty in a region that has attracted billions of dollars of investment commitments as it positioned itself ...

Shares in Oracle, one of the world’s largest computing infrastructure companies, fell by 29.4% in the month to 13 November, as concerns over the feasibility of artificial intelligence (AI) spending ...