Oracle Corporation (NYSE: ORCL) has seen a significant market reaction following its bold shift towards artificial intelligence (AI), resulting in a 25% drop in shares over the past month. What ...
It could be a concern for enterprise CIOs as well as for creditors due to ‘profound change in the company’s capital posture.’ The financing arrangement for Oracle’s massive data center plan aimed at ...
Oracle is forecasting a significant acceleration in growth through 2030, owing to the terrific demand for its cloud infrastructure. Importantly, Oracle seems to have a big-enough contract backlog that ...
NASHVILLE, Tenn. (WTVF) — Metro Council has approved Oracle's massive River North Campus project, clearing the way for construction to begin on what the tech giant calls its world headquarters in ...
I made some money by heeding Barron’s call to invest in Oracle a few years back, but liquidated my positions long before the price skyrocketed (“Larry Ellison’s Latest Gambit to Keep Oracle on Top Is ...
Oracle's (NYSE:ORCL) analyst day revealed ambitious long-term financial targets driven by an ever-rising demand around artificial intelligence applications and infrastructure, which prompted mostly ...
Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up nearly 75 per cent of its total sales by then. Chief Executive Officer Clay ...
The tech giant raises its long-term financial targets and projects strong cloud margins, reassuring investors that its massive AI spending spree is on a path to profitability Shares of Oracle have ...
Oracle's AI World conference will focus on the latest in generative AI, agentic automation and massively scaled cloud infrastructure for machine learning—spotlighting large partnerships and showcasing ...
NASHVILLE, Tenn. (WTVF) — Oracle's massive Nashville campus on the East Bank is finally approaching the construction phase, four years after the tech giant first announced plans to build in Music City ...
Magouyrk, 39, holds a Bachelor of Science degree in electrical engineering from the University of Memphis. His early professional experience includes engineering roles at Hilton Hotels, followed by ...