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Oracle's $553 billion backlog is either a gold mine or a mirage. Earnings just revealed the answer
Oracle ended its fiscal third quarter with $553 billion in remaining purchase obligations -- up 325% year over year.
The AI boom has produced plenty of big numbers and bold headlines—but few rival “Stargate,” the massive data center project backed by Oracle and OpenAI. Billed as a $500 billion bet on the future of ...
In recent weeks, Oracle expanded its Simphony Cloud POS platform with new Restaurant Suites Management and Mobile Order and ...
Oracle has guided for tremendous revenue growth in its cloud infrastructure business over its next four fiscal years.
Oracle and OpenAI shelved data center expansion plans after negotiations stalled over financing terms and OpenAI’s evolving compute requirements, though the core agreement remains intact. The analyst ...
Authored by Baker Tilly's Jeff Haynes, Dan Hedden and Ben Penick CHICAGO, IL / ACCESS Newswire / March 20, 2026 / State and local governments have different needs than private companies when ...
Oracle shares rose 8% in after-hours trading Tuesday after the firm raised its projected revenue for the fiscal year that starts in June by about 8% to $90 billion. The disclosure, which Oracle made ...
Oracle launched $50 billion financing plan to fund AI data centre expansion. Oracle raised $5 billion through a convertible ...
Oracle Corporation is rated a Buy with a $280 price target, suggesting 17% upside driven by AI and cloud momentum. ORCL's cloud revenue surged 28% YoY, fueled by a $300B OpenAI deal and $455B in ...
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