Oracle reports Q4 revenue up 21% YoY to $19.18B, vs. $19.1B est., and expects to raise nearly $40B in debt and equity financing in FY 2027; ORCL drops 10%+
Oracle (ORCL.N) reported fourth-quarter revenue that narrowly beat Wall Street expectations on Wednesday, amid growing concerns …
Filings: in Q1, Trump traded $220M-$750M in NVDA, MSFT, AMZN, META, ORCL, and other stocks; millions of dollars of NVDA were bought shortly before major news
President Donald Trump reported thousands of financial transactions totaling hundreds of millions of dollars …
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 …
US Treasury Secretary Scott Bessent says Trump and Xi will “consummate” a TikTok deal on October 30 in South Korea, confirming a final US-China deal on the sale
with Trump and Xi set to ‘consummate’ agreement Claudia Aoraha / Daily Mail : Trump and China reach groundbreaking TikTok deal after years-long battle over the app X: Mario Nawfal / @marionawfal : 🇺🇸🇨...
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
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg's journalists around the world. X: @brodyford_ , @edludlow , @danielnewmanuv , and @edludlow X: Brody Ford / @b...
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 :
Sources: OpenAI has agreed to rent additional computing power from Oracle, totaling ~4.5 gigawatts of US data center power, as part of its Stargate initiative
OpenAI is dead man walking then, Microsoft owns all the IP, and it burns $60+b in competitor venture capital. … @onefeincat : Enough power to send 3.71 Martys McFly back to 1985, and they're using it ...