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 ...

It could be a concern for enterprise CIOs as well as for creditors due to ‘profound change in the company’s capital posture.’ ...

Oracle Corp. (NYSE:ORCL) is one of the best stocks to buy according to Citadel LLC. On October 20, BMO Capital Markets analyst Keith Bachman reaffirmed his Outperform rating and unchanged price target ...

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 ...

Oracle is scheduled to announce its fiscal second-quarter earnings in mid-December, and analysts project a double-digit ...

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 ...

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 ...

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Oracle will shut down its research and development (R&D) arm in China, resulting in the layoffs of more than 900 people, Chinese media outlet 21st Century Business Herald reported this week, citing ...