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 Clay Magouyrk ...

Oracle ($ORCL) came in swinging in the cloud arena, shifting from a sleepy position among hyperscalers to suddenly trying to ...

UPDATE—Sept. 9, 2024: This article has been updated to reflect more recent share price information. Oracle is scheduled to report fiscal first-quarter earnings after the closing bell on Monday.

The executive vice president was recruited by former CEO Mark Hurd and seen as a top prospect to replace Hurd after his death last year. One partner first heard of Donatelli's impending departure soon ...

Oracle's (NYSE:ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year or so, lower than what many equity analysts have forecast, The ...

Larry Ellison, Oracle’s co-founder and CTO, speaks at Oracle OpenWorld 2018. (Oracle Photo) Over the last few weeks and months, Oracle has laid off hundreds of employees at the Seattle office once ...

After signing agreements to use computing power from Nvidia, AMD and Oracle, OpenAI is teaming up with the world’s largest cloud computing company.

The e-commerce solution stemming from the acquisition of ATG in 2010 is failing to find traction in a crowded market for online retail platforms. Staff in Cambridge, Mass., and Ireland have already ...

One byproduct of the COVID-19 pandemic was the accelerated shift toward digitization and online/cloud-based services. It also created an preference by investors for “large, well-managed, stable, tech ...

Oracle is set to report earnings for its fiscal third quarter of 2024 on Monday after the closing bell. Analysts expect Oracle's revenue and earnings to rise from the prior quarter and year-ago period ...