Shares of Oracle Corp. closed 4% higher today following reports that it’s negotiating a $20 billion deal to provide Meta Platforms Inc. with cloud infrastructure. Sources told Reuters that the ...
Oracle said in its earnings report that remaining performance obligations jumped 359% from a year earlier. The company now sees $144 billion in cloud infrastructure revenue in the 2030 fiscal year, up ...
Oracle beat expectations across the board in the fourth quarter of fiscal 2025. Cloud infrastructure revenue surged by 52%, and growth is forecast to accelerate to at least 70% in fiscal 2026 as the ...
The Cybersecurity & Infrastructure Security Agency this past week published new guidance and best practices designed for Oracle Cloud customers, following public reports of "potential unauthorized ...
Oracle stock slipped on Tuesday after a report from The Information that raised questions about the company's plans to buy billions of Nvidia chips to rent as a cloud provider to clients like OpenAI.
Meta Platforms (NASDAQ:META) is reportedly considering the use of Oracle's (NYSE:ORCL) cloud services for training and deploying artificial intelligence models in a multiyear deal worth approximately ...