Oracle Corp. engages in the provision of products and services that address aspects of corporate information technology environments, including applications and infrastructure technologies. It operates through the following business segments: Cloud and License, Hardware, and Services. The Cloud and License segment markets, sells, and delivers enterprise applications and infrastructure technologies through cloud and on-premise deployment models including cloud services and license support offerings. The Hardware segment provides infrastructure technologies including Oracle Engineered Systems, servers, storage, industry-specific hardware, operating systems, virtualization, management, and other hardware-related software. The Services segment offers consulting, advanced support, and education services. The company was founded by Lawrence Joseph Ellison, Robert Nimrod Miner, and Edward A. Oates on June 16, 1977 and is headquartered in Austin, TX.
The software behemoth was the S&P 500’s biggest loser on Tuesday, knocked by a disappointing forward-looking guidance.
The software giant topped earnings expectations driven by cloud revenue that grew 54% year-over-year.
A new deal shows the US is increasingly putting its faith in big tech companies for fighting the wars of the future.
Software company Oracle is one of the few to be charging into the green on a mostly red Monday, cheered on by a better-than-expected earnings report.
Oracle stock boomerangs after hours when the software company slaps a TikTok filter over its earnings miss.
Oracle just agreed to buy healthcare giant Cerna Corp, signalling a major push into the healthcare space. Which, given the whole ongoing Covid thing, kinda makes sense.
Software giant Oracle celebrates its stellar fiscal Q2, despite HP trying to ruin all the fun.
Oracle releases its latest earnings, and despite a beat on Wall Street targets and some snazzy plans to expand its cloud efforts, prices ended yesterday on a slight decline.
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