Oracle's revenue for the fourth quarter jumped about 17% to $13.84 billion, beating analysts' estimates of $13.74 billion, according to Refinitiv. Cloud revenue rose 54% to $4.4 billion.

Quarterly revenue at Oracle's largest unit, cloud services and license support, came in at $11.70 billion, a 14% increase from last year.

In a hostile takeover attempt, Oracle offered to buy rival PeopleSoft Inc. for $5.1 billion four days after PeopleSoft announced it would buy rival J.D. Edwards & Co. for stock initially worth $1. ...

OCI, or Oracle Cloud Infrastructure, is central to Oracle's push to be an AI leader. The business provides cloud-computing services to enterprises, competing against cloud giants Amazon AMZN and ...

During the previous quarter, revenue from cloud services and license support rose to $11.7 billion, exceeding the Street’s target of $11.59 billion, while cloud and on-premises license revenue ...

Microsoft investors head into Wednesday's earnings with one big question: is the company's artificial intelligence edge at ...

Narrow-moat Oracle’s first-quarter results mildly beat our top- and bottom-line expectations as Oracle’s cloud services sector became Oracle’s largest sector—with help from all things ...

Oracle has shared plans to invest $3 billion over the next five years to expand its AI and cloud infrastructure in Germany and the Netherlands, with Germany getting the larger share of the allocation; ...

Oracle on Tuesday said it is planning to add a second cloud region in Singapore to meet the growing demand for cloud services across Southeast Asia. “Our upcoming second cloud region in ...

(Reuters) -Oracle beat estimates for quarterly results and forecast second-quarter revenue growth above estimates on Monday, boosted by growing demand for its cloud offerings, sending its shares ...

(Reuters) -Oracle raised its annual revenue growth forecast on Wednesday, betting on robust demand for its cloud offerings from companies deploying artificial intelligence, sending its shares up ...