Oracle reports Q3 revenue up 22% YoY to $17.19B, above $16.91B est., net income up 27% YoY to $3.72B, and cloud revenue up 44% YoY to $8.9B; ORCL jumps 10%+
Oracle shares rose as much as 10% in extended trading on Tuesday after the software vendor reported quarterly results …
Oracle reports Q3 revenue up 22% YoY to $17.19B, vs. $16.91B est., and cloud revenue up 44% to $8.9B, vs. $8.85B est.; ORCL jumps 8%+ after hours
Oracle shares rose 8% in extended trading on Tuesday after the software vendor reported quarterly results that surpassed Wall Street projections …
Shares of Broadcom, CoreWeave, and Oracle, companies tied to the AI infrastructure buildout, extend last week's decline; ORCL is down 46%+ since September 10
Ari Levy / CNBC :
Oracle reports Q2 revenue up 14% YoY to $16.06B, below $16.21B est., and raises its FY capex forecast to ~$50B, up from $35B as of September; ORCL drops 15%+
Oracle shares sank 11% in extended trading on Wednesday after the database software maker reported lower quarterly revenue …
Oracle, whose expenses are rising as it begins to fulfill massive cloud infrastructure deals, turned cash flow negative this year for the first time since 1992
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Oracle reports Q1 revenue up 12% YoY to $14.93B, vs. $15.04B est., $2.9B net income, and remaining performance obligations up 359% YoY to $455B; ORCL jumps 40%+
Jordan Novet / CNBC :
SEC filing: Oracle signed multiple large cloud agreements, including one that is expected to contribute $30B+ in annual revenue starting in FY28; ORCL jumps 5%+
Oracle shares jumped more than 5% after a recent filing showed a cloud deal that would add over $30 billion annually.
Oracle reports Q4 revenue up 11% YoY to $15.9B, vs. $15.59B est., cloud revenue up 27% YoY, signals strong cloud infrastructure revenue growth; ORCL jumps 6%+
Jordan Novet / CNBC :
Oracle reports Q2 revenue up 9% YoY to $14.06B, vs. $14.1B est., and signs a deal with Meta to train Llama models on Oracle's cloud; ORCL drops 7%+
Larry Ellison's Fortune Loses $15 Billion Itai Levitan / Forexlive : Mixed signals in the market: Google soars while Oracle dives Andrew Kessel / Yahoo Finance : What Analysts Are Saying After Oracle'...
Oracle reports Q1 revenue up 7% YoY to $13.31B, vs. $13.23B est., cloud infrastructure revenue up 45% YoY to $2.2B, and $2.93B in net income; ORCL jumps 10%+
the entry price for a real frontier model from someone who wants to compete in that area is about $100 billion. Let me repeat, around $100 billion. That's over the next 4, [image] @radnorcapital : Lar...