Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
Oracle Corp. reported a significant increase in remaining performance obligations (RPO), up 438% in US dollar terms, in the latest financial results announcement. The surge highlights Oracle's rapid ...
Q2 Highlights: Oracle reported second-quarter revenue of $16.06 billion, missing analyst estimates of $16.21 billion. The software giant said adjusted earnings grew 54% year-over-year to $2.26 per ...
Formula 1 has always been a sport defined by extremes, where milliseconds separate victory from defeat and human skill is pushed to its limits. But behind the roar of engines and the spectacle of pit ...
Oracle (ORCL) cloud services now represent 77% of total revenue and grew 55% year-over-year. GPU consumption revenue surged 336%. Oracle’s remaining performance obligation hit $97.3B in Q2 FY2025.
Oracle expects its cloud infrastructure business to create $166 billion in revenue by fiscal year 2030, accounting for nearly three-quarters of its total sales, the company says. Reuters reported that ...
Oracle sees total revenue growing to $225 billion in fiscal 2030 Adjusted profit seen at $21 per share in 2030 vs $18.92 LSEG estimate Expects adjusted gross margins of 30-40% in AI cloud computing ...
For years, Oracle has found itself solidly in the second tier of cloud providers, well behind the top three of Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform, which combined ...
DHL Supply Chain consolidated five ERPs and 30+ finance applications across 55 countries onto Oracle Fusion Cloud while simultaneously regionalizing its finance operations into centralized hubs, ...
Oracle Cloud Infrastructure (OCI) is not just going all-in on AI, but on AI at incredible scale. This week, the company announced what it calls the largest AI supercomputer in the cloud, OCI ...
Oracle Cloud Infrastructure on Tuesday announced it will deploy 50,000 Advanced Micro Devices graphics processors starting in the second half of 2026. The move is the latest sign that cloud companies ...
Working with the Japanese conglomerate SoftBank and the cloud company Oracle, the A.I. start-up will spend $400 billion over the next five years. By Cade Metz Reporting from Abilene, Texas. A day ...