Oracle, Q4 revenues
Digest more
The cloud infrastructure and AI provider delivered everything investors were expecting. They wanted more.
By Juby Babu and Stephen Nellis June 10 (Reuters) - Oracle on Wednesday forecast capital spending plans for fiscal 2027 above Wall Street estimates, as the cloud computing company said it will also raise more debt in 2027,
Oracle supercharged its efforts to take on cloud giants Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP) and today launched a data science platform that runs as a native service on Oracle Cloud Infrastructure. The announcement ...
The cloud giant's record quarter came with a reminder of just how expensive its artificial intelligence build-out has become.
The AI infrastructure business will likely remain front and center, Seeking Alpha analyst Justin Purohit noted. He believes investors’ key focus to be around capacity expansion, backlog conversion, and whether demand still continues to outpace supply.
Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link.
