Oracle Cloud Computing

ai, Oracle and 2027 sales Outlook

Oracle raises 2027 sales outlook amid AI demand, restructuring

The cloud-computing company posted a profit of $3.72 billion and raised its 2027 revenue outlook to $90 billion as AI demand continues to outpace supply.

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Oracle soars on strong AI cloud sales, fiscal-year outlook

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Oracle beats estimates as AI cloud demand surges

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Oracle rallies as strong revenue forecast eases concerns over massive AI bets

Oracle (ORCL.N) shares surged about 12% on Wednesday after the software giant's upbeat revenue forecast eased concerns over its hefty spending on artificial intelligence infrastructure.

Axios · 1d

Oracle stock surges on strong AI revenue forecast

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Oracle shares rally as it reassures investors over its AI data centres bet

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Oracle’s massive AI cloud bet draws scrutiny after $50B financing push

Oracle reported its third-quarter earnings on Tuesday, with investors treating the results as an important signal for the artificial intelligence trade. The company has been expanding its cloud infrastructure to support AI computing demand,

20h

Investor Outlook: Oracle earnings beat highlights AI cloud growth

Oracle beats earnings and raises guidance as AI cloud demand grows, with analysts pointing to strong long-term growth potential.

Is Oracle Stock The New King Of Cloud Growth?

While Oracle has traditionally been viewed as a legacy database provider, its aggressive pivot toward Oracle Cloud Infrastructure (OCI) has sparked a

1mon

Oracle (ORCL) Remains a Long-term Cloud Computing Story Despite Near-Term Headwinds

Oracle Corporation (NYSE:ORCL) is one of the most promising cloud stocks according to analysts. Morgan Stanley, in an update issued on January 23, lowered its target price on Oracle Corporation (NYSE: ORCL) from $320 to $213.

18h

Oracle Stock Gains 9% After Earnings Show Strong Demand

Oracle shares jumped 9.2%, snapping a three-day losing streak, after the company reported strong demand for cloud computing to train and run artificial intelligence. Earlier in the day,

Oracle Forecasts $90 Billion Revenue By 2027 As AI Boom Lifts Outlook

Oracle projected revenue above estimates through 2027 on strong AI data center demand, sending shares higher in extended trading.

Nasdaq

Amazon vs. Oracle: Which Cloud Computing Stock is a Better Bet?

In the high-stakes world of cloud computing, Amazon.com AMZN and Oracle ORCL represent contrasting approaches to capturing the explosive growth in artificial intelligence and enterprise computing. Amazon, with its dominant Amazon Web Services (“AWS ...

Scotiabank Lowers Oracle (ORCL) Price Objective, Sees Strength in AI-Accelerated Cloud

Oracle Corporation (NYSE:ORCL) is included among the 14 Best American Dividend Stocks to Invest in. On March 9, Scotiabank lowered its price recommendation on Oracle Corporation (NYSE:ORCL) to $215 from $220.

The News International

Oracle turns to new AI chip player

Oracle has added Cerebras AI chips to its cloud infrastructure, alongside Nvidia and AMD hardware. Oracle, CEO Clay Magouyrk, said that Oracle is utilising these chips to deliver AI workloads

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Larry Ellison’s Oracle slashing thousands of jobs due to AI cash crunch: report

Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported Thursday. Long a smaller contender in the cloud market,

InfoWorld

Oracle keeps missing the point of cloud computing

Its new funny-money approach to cloud services is a naked attempt to keep customers from using real cloud solutions In other words, you can take the massive amount of money you’re tossing at Oracle for applications (and other stuff, I assume) and spend ...

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Oracle stock spikes 9% as strong Q3 earnings answer Wall Street AI build-out concerns

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.