Meredith Hemenway‑Betzhold, a former Google employee who spent over a decade at the tech giant, has publicly criticized Oracle for its recent round of layoffs. On April 1, Oracle announced the termination of 30,000 employees across the US, India, and other regions, with 6 am...
Oracle Corporation (ORCL) shares surged 5.2% to $150.58 following a fiscal first-quarter earnings beat where total revenue reached $19.3 billion, up 30% year over year and exceeding analyst estimates of $19.1 billion. The standout performance came from its cloud infrastructure as a service segment, which...
Oracle Corporation (NYSE: ORCL) announced record financial results for Q4 and Fiscal Year 2026, driven by robust growth in its Cloud Infrastructure and Cloud Applications segments. Total quarterly revenue reached $19.2 billion, a 21% increase year-over-year, with cloud revenue surging 47% to $9.9 billion. This...
Oracle Corporation (NYSE: ORCL) reported exceptional financial results for its third quarter of fiscal year 2026, exceeding expectations across key metrics. Total revenue reached $17.2 billion, representing a 22% increase in USD and an 18% rise in constant currency. This marked the first quarter in...
Oracle stock gained nearly 4% following a report that OpenAI's annualized revenue run rate jumped to approximately $70 billion, driven by strong enterprise sales momentum. This growth is significant for Oracle because it holds a $300 billion cloud-computing deal with OpenAI, which represents roughly half...
Oracle Corporation (NYSE: ORCL) reported a 30% revenue increase in its fiscal first quarter, driven by a massive 121% surge in cloud infrastructure revenue. This segment, which rents computing power to AI companies, saw the company's backlog of remaining performance obligations reach $664 billion. CFO...
Oracle Corporation reported robust financial results for its first quarter of fiscal year 2027, with total revenue reaching $19.3 billion, surpassing Wall Street expectations of $19.13 billion. This performance marked a significant 30% year-over-year growth in revenue, driven largely by a staggering 121% increase in...
Oracle Corporation (ORCL) shares surged 7% to $164.25 following its fiscal first-quarter earnings release, marking the company's sharpest single-session move in recent memory. The rally was driven by a massive remaining performance obligations (RPO) backlog of $664 billion and a 121% year-over-year growth in cloud...
Oracle (ORCL) is receiving a high-conviction Buy rating with a $219 price target from analysts at 24/7 Wall St., implying roughly 35% upside from the recent close of $162.52. The recommendation is driven by a massive $638 billion remaining performance obligation (RPO) backlog, which represents...
Oracle stock surged 5% to $167.15 in early trading after Morgan Stanley raised its price target, validating the market's thesis on AI infrastructure spending. This rally occurred despite the broader market slipping and Oracle remaining down 14% year-to-date, signaling a potential recovery move following a...
Oracle is undergoing a significant strategic transformation from a traditional enterprise software provider to a capital-intensive AI infrastructure operator. The company reported fiscal 2026 revenue of $67.4 billion, with cloud infrastructure revenue surging 77% to $18.1 billion. This growth is driven by massive customer commitments,...
Alpine Woods Capital Investors LLC significantly reduced its position in Oracle Corporation (NYSE:ORCL) by 67.5% during the first quarter, selling 3,903 shares to hold a remaining stake of 1,880 shares valued at $277,000. While Alpine Woods trimmed its holdings, other institutional investors including HFM Investment...
Oracle stock has plummeted approximately 64% from its September 2025 peak of $345.72, hitting a 52-week low near $124 in mid-July 2026. This severe decline follows the company's aggressive pivot to AI infrastructure, which involved taking on over $130 billion in debt and surging capital...
Oracle (ORCL) shares have dropped approximately 35% year-to-date and 33% over the past month, creating a significant divergence between its stock price and underlying business fundamentals. Despite this decline, the company reported strong Q4 FY2026 results with revenue of $19.18 billion and EPS of $2.11....
Bank of New York Mellon Corp increased its holdings in Oracle Corporation by 384,984 shares during the first quarter, bringing its total stake to 13,251,059 shares valued at approximately $1.95 billion. This move represents a 3.0% increase in ownership. Other major institutional investors also adjusted...
Halter Ferguson Financial Inc. increased its position in Oracle Corporation (NYSE:ORCL) by purchasing 105,795 shares valued at approximately $15.56 million during the first quarter, according to a recent 13F filing. This acquisition brings Oracle to represent 3.4% of Halter Ferguson's total holdings, marking it as...
Apollon Wealth Management LLC reduced its position in Oracle Corporation (NYSE:ORCL) by 31.2% in the first quarter, selling 36,554 shares to hold a remaining stake of 80,592 shares valued at $11.856 million. This move contrasts with significant accumulation by other major institutional investors during the...
Oracle stock suffered its worst week since the 2001 dot-com bust, plummeting 19% as investors grew concerned about the company's aggressive AI financing strategy. The decline marks a significant drop from its September peak market cap of $900 billion, with the stock losing approximately 55%...
Shares of Oracle (NYSE: ORCL) fell 8.53% on June 11 following investor concerns about the company's plan to raise additional capital for its artificial intelligence expansion, despite reporting a strong fiscal fourth quarter. The company beat analyst estimates with adjusted earnings of $2.03 per share...
Oracle (ORCL) is set to report Q4 earnings after market close on June 10, with consensus estimates projecting $1.96 in adjusted EPS and $19.1 billion in revenue, representing approximately 20% top-line growth and 15% bottom-line growth. The stock has already rallied nearly 50% from its...
