Oracle's stock surged 36% after reporting record future revenue obligations. Jefferies sees more upside, lifting its stock price target to $360 on cloud and AI growth. Analysts point to Oracle's ...

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...

Oracle Corp. missed Wall Street’s expectations as it delivered its latest financial results today, but nobody cared because it said it’s anticipating future revenue growth that’s far in excess of the ...

Oracle cofounder Larry Ellison has wrested the title of the world’s richest person from longtime holder Elon Musk. On Wednesday, as stock in Ellison’s software giant rocketed more than a third in a ...

Oracle share price surged 36% after the company projected strong revenue growth in the coming years. The shares jumped 35.95% to $328.33 per share, marking their biggest single-day gain since 1992.

An unspecified number of Oracle employees reportedly received layoff letters on Sept. 2, including many who came to the company with its 2021 acquisition of Cerner. A number of Oracle employees based ...

Oracle Corp. started September by making headlines for layoffs. Then, on Tuesday, September 9, it reported first-quarter financial results that missed the mark for revenue and earnings. Yet, you ...

Oracle Corp. fell short of expectations with its latest revenue and earnings Tuesday, but that didn’t matter to Wall Street in light of the big numbers the company revealed about its future. Oracle ...

Oracle (ORCL) stock jumped over 36% Wednesday to a new record close after the software giant said its AI-fueled cloud revenue is set to jump to $144 billion by its 2030 fiscal year. That marks a ...

Oracle expects its cloud infrastructure revenue to explode over the next five years, thanks to mega-deals for artificial intelligence (AI) computing capacity. Capital spending will have to explode as ...

Oracle's stock surge has pushed co-founder Larry Ellison's net worth higher by tens of billions of dollars the last two days and puts him ahead of Tesla CEO Elon Musk as the richest person in the ...