Oracle spent $55.7 billion on data centres in a single year, beat its own guidance by $5.7 billion, and wants to raise another $40 billion

Wall Street’s expectations on earnings and revenue as it delivered its latest financial results, and raised its profit forecast for the next financial year. However, its stock was trading 9% lower after-hours after it revealed plans to raise even more debt to fund its ongoing artificial intelligence data center buildout.

Oracle reported better-than-expected earnings and revenue for its fiscal fourth quarter.

The cloud giant's record quarter came with a reminder of just how expensive its artificial intelligence build-out has become.

Robust AI spending trends have some Wall Street analysts growing more bullish on Oracle ahead of its earnings report due Wednesday.

Oracle is set to report its Q4 earnings tomorrow, June 10, after market close. Options traders believe ORCL shares will rip higher after the quarterly print. But there's reason to practice caution in playing Oracle stock at current price.

It is an ignominious end for Oracle Advertising, a part of the Oracle Data Cloud (ODC) that, at one point, consisted of top players in the category, including Datalogix for offline consumer data, Grapeshot contextual targeting, Moat’s measurement and ...

Oracle shares tumbled 12% on Thursday as surging spending and a ballooning debt load fanned investor concerns about the cash burn in the ​company's push to build out AI infrastructure.