In September, Oracle forecast that it would grow revenue from its Oracle Cloud Infrastructure (OCI) cloud segment from around ...
Oppenheimer believes that a sharp recent pullback in Oracle has created an attractive risk-reward balance for investors. The ...
Investors continue to fret whether the company has bitten off more than it can chew with its AI-spending commitments.
Warren Buffett built the greatest investment record in modern history. Now, as Berkshire Hathaway (NYSE:BRK-A) transitions to Greg Abel, the Oracle of Omaha’s final investment appears to be one his ...
Investing.com -- BMO Capital analyst Keith Bachman believes Oracle’s sweeping new financing plan marks a constructive step for the software group, even as the firm cut its price target to $205 from ...
According to a report by CIO, citing investment bank TD Cowen, Oracle is considering cutting between 20,000 and 30,000 jobs and may also look at selling parts of its business, including Cerner, the ...
Oracle’s remaining performance obligations surged to $523B. This represents roughly 8.5 times annual revenue. Oracle’s trailing free cash flow turned negative at $13B as capital expenditures soared ...
Oracle Corp. plans to raise US$45 billion to US$50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the scale of financing ...
Simply sign up to the Capital markets myFT Digest -- delivered directly to your inbox. Investors piled into Oracle’s latest $25bn bond offering on Monday after the software company pledged to preserve ...
The site will create as many as 1,500 permanent jobs at the data centre or in the county after construction is complete, double the previous forecast, Oracle said Friday in a statement. It “will ...
The bank warned in a note to clients on Friday that rising capital needs, funding pressures and a tougher profit outlook are set to weigh on the company’s financial trajectory. Analyst Keith Weiss ...