The cloud-computing company posted a profit of $3.72 billion and raised its fiscal 2027 revenue outlook to $90 billion as AI demand continues to outpace supply.

Oracle Corp. shares gained almost 10% in extended trading after the company posted strong results and gave an outlook that suggested there is little letup in demand for AI computing.

The company is working to deliver on massive cloud infrastructure contracts with customers Read more at The Business Times.

Oracle cloud revenue jumps 44% in strong Q3 earnings report. Remaining performance obligations surge to $553B on AI demand. Shares jump in after-hours as investors welcome strong results. Oracle has ...

The world of buying and selling has changed. Sales are now driven by customer insights and being proactive - not reactive. To address these new dynamics, Oracle Sales Cloud gives sales representatives ...

A particularly noteworthy metric from last quarter was the RPO data. Oracle’s remaining performance obligations jumped an extraordinary 438% to $523 billion in Q2 — a forward-looking indicator ...

Oracle (NYSE:ORCL) drives innovation in cloud and software services, significantly influencing S&P 500 Futures ...

(Reuters) -Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up nearly 75% of its total sales by then. Chief Executive Officer ...

People.ai, a provider of revenue intelligence technology, today launched Engagement Dashboards, Account Planning, and People.ai for Oracle Sales Cloud to help sales and ops teams drive greater ...