ORCL
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Oracle Corporation
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ORCL News30 articles
Oracle Restructuring Hits India as AI Spending Plan Reaches $50 Billion
Oracle has begun workforce reductions in India as part of a broader restructuring effort, with estimated costs reaching $2.1 billion. The company continues its aggressive $50 billion capital expenditure plan for artificial intelligence data centers.
Broadcom Tops AI Chip Picks as Custom Silicon Race Heats Up
Broadcom emerged as the favored AI stock pick over Oracle and Marvell in Monday's commentary, highlighted by its 106% quarterly AI revenue surge. Analysts cited its scale and custom chip portfolio as key advantages.
Microsoft Shares Slip Amid Data-Center Expansion, Analyst Target Cuts
Microsoft shares declined approximately 0.7% to around $370 Wednesday, underperforming a broader tech rally, following a major Texas data-center lease announcement and analyst target cuts from Melius and UBS.
UiPath Plunges Amid AI Competition Fears, Drags Software Sector Lower
UiPath shares tumbled 8.7% in late trading, leading a broad software selloff fueled by fears of AI disruption and a decelerating revenue outlook, overshadowing its first profitable year.
Microsoft's AI Spending Splits Investors as Shares Slide 21% from Peak
Microsoft shares declined 2.5% to $373.61, now down 21% from January peaks. Investors are divided following quarterly results showing strong revenue and profit growth alongside surging capital expenditures and narrowing cloud margins.
Microsoft Gains on Analyst Optimism Despite AI Spending Concerns
Microsoft shares advanced in early trading following positive analyst commentary, though concerns persist over the profitability of its substantial artificial intelligence expenditures.
Nvidia's Networking Unit Surges, Fueling $1 Trillion AI Ambition
Nvidia's networking division generated $11 billion last quarter, more than triple the prior year, as the company reported record total revenue of $68.1 billion. CEO Jensen Huang outlined a $1 trillion revenue target for its AI chips by 2027.
Oracle's AI Ambitions Face Cost Scrutiny as Restructuring Charges Rise
Oracle's stock declined following a filing revealing higher restructuring costs, even as the company reported strong cloud growth and reaffirmed massive capital spending plans.
Amazon Shares Dip as Investors Weigh AI Costs Against Legal Wins
Amazon shares slipped Friday as the market assessed the financial burden of its massive AI investment plan, even as the company secured a legal win in Europe and announced a new cloud partnership.
Oracle Soars on Strong AI Cloud Outlook, Easing Investor Concerns
Oracle shares jumped sharply after the company significantly raised its fiscal 2027 revenue forecast and reported explosive growth in its cloud business and contract backlog, signaling robust demand for its AI infrastructure.
Oracle's AI Surge Lifts Tech Sector Ahead of Adobe Earnings
Oracle's massive AI-driven revenue forecast has reinvigorated the artificial intelligence trade, lifting tech stocks premarket. Adobe's upcoming earnings will provide a critical read on software AI demand.
Dow Drops 418 Points as Oil Supply Fears Eclipse Tame CPI Data
The Dow Jones Industrial Average declined 418 points Wednesday as investor focus shifted from benign inflation data to escalating oil supply risks stemming from Middle East conflict. Oracle stock jumped sharply on an upbeat revenue forecast.
Oracle Soars on AI-Driven Revenue Forecast and Robust Cloud Growth
Oracle shares jumped 9.7% following an upward revision of its fiscal 2027 revenue goal to $90 billion and strong quarterly results, including a 44% surge in cloud revenue.
Alphabet Seals Record $32B Wiz Acquisition to Boost Cloud Security
Google has finalized its $32 billion acquisition of cloud security company Wiz, marking Alphabet's biggest-ever deal. The move aims to strengthen Google Cloud's security offerings as it competes with AWS and Azure.
Nvidia Invests $2B in AI Cloud Firm Nebius Ahead of GTC Conference
Nvidia announced a $2 billion investment in AI cloud provider Nebius, keeping its stock price around $185. The move comes just before its GTC conference, where CEO Jensen Huang will outline the chipmaker's future strategy.
CPI Report Awaited as Oracle Surges, Oil Volatility Rattles Markets
Wall Street futures were muted early Wednesday as investors braced for the February Consumer Price Index report. Oracle shares surged premarket after lifting its revenue target, while oil prices recovered from a steep sell-off.
Amazon Launches Massive Bond Offering to Fuel AI and Cloud Expansion
Amazon is preparing a bond sale of up to $42 billion to finance its aggressive $200 billion capital expenditure plan for 2026, heavily focused on AI and cloud infrastructure.
S&P 500 Holds Near Highs as Oil Volatility and Fed Outlook Fuel Market Debate
The S&P 500 declined slightly as a dramatic drop in oil prices and shifting Federal Reserve expectations created uncertainty. Wall Street is divided on whether the market is entering a deeper correction.
Stocks Climb as Oil Plunge Eases Stagflation Fears, Tech Leads
Major U.S. stock indexes rose Tuesday as a sharp drop in oil prices tempered stagflation worries. Technology shares led gains while energy and airline stocks declined.
Futures Climb as Oil Plunge Lifts Travel Stocks Ahead of Key Data
U.S. equity futures advanced Tuesday, buoyed by a sharp drop in crude oil prices following geopolitical comments. Airline stocks gained premarket, while energy shares declined.
Nvidia's 3% Drop Sets Stage for Key Inflation, TSMC Data and GTC Conference
Nvidia shares declined 3% Friday as rising oil prices and a soft jobs report pressured growth stocks. The focus shifts to upcoming U.S. inflation data, TSMC's monthly sales, and Nvidia's GTC developer conference.
Veeva Systems Beats Q4 Estimates, Unveils $2B Buyback and AI-Driven Growth Outlook
Veeva Systems exceeded analyst expectations for its fourth quarter, reporting revenue of $836 million and adjusted EPS of $2.06. The company also initiated a $2 billion stock buyback and forecast fiscal 2027 revenue approaching $3.6 billion.
Oracle Cloud Disruption Impacts TikTok Ahead of Key Earnings Report
A service disruption in Oracle's US East cloud region caused posting delays for TikTok users this week, highlighting ongoing reliability challenges. The incident occurs just days before Oracle's fiscal Q3 earnings release.
Toast Projects Accelerated Restaurant Growth for 2026 Amid AI Rollout
Toast anticipates adding more net new restaurant locations in 2026 than in 2025, with executives highlighting growth from enterprise clients and the new Toast IQ AI platform. Shares gained 0.9% premarket.
MongoDB Shares Tumble on Weak Guidance Despite Q4 Beat
MongoDB shares plummeted more than 27% in premarket action Tuesday as the company's first-quarter outlook fell short of Wall Street expectations, despite posting a beat for its fiscal fourth quarter.
Intuit Gains Amid Tech Rebound, Eyes on Spending and Jobs Data
Intuit shares advanced 2.45% to $419.06, with trading volume well above average. The company expects third-quarter adjusted earnings to fall short of estimates due to increased tax-season spending.
Oracle Gains After Hours on $50B Cloud Funding Plan Ahead of Earnings
Oracle shares advanced 2.6% in extended trading following news of a major funding initiative to accelerate cloud infrastructure growth, with the market awaiting quarterly results on March 9.
Oracle Gains After Hours on $50B Cloud Funding Plan Ahead of Earnings
Oracle shares advanced 2.6% in extended trading following news of a major funding initiative to accelerate cloud infrastructure growth, with the market awaiting the company's March 9 earnings report.
Oracle Shares Drop Amid Broader Market Selloff Fueled by Oil Spike
Oracle shares declined roughly 4.5% on Monday, caught in a broad market downturn driven by soaring oil prices and geopolitical concerns. Attention now turns to the company's mid-March earnings report for insights on cloud demand and capital expenditure.
Oracle Shares Drop Amid Broader Market Selloff Fueled by Oil Spike
Oracle shares declined roughly 4.5% on Monday, caught in a market-wide downturn driven by a sharp rise in oil prices. Attention now turns to the company's mid-March earnings report for insights on cloud demand and capital expenditure.