Oracle has confirmed plans to make the next major update to its 12c database available only in the cloud for a period of time to entice customers that currently run the software in their own data ...
For its fiscal third quarter of 2024 ended Feb. 29, 2024, Oracle's revenue grew 7% year over year to $13.28 billion, translating to a 16% increase in adjusted (non-GAAP) net income to $1.41 per share.
A month has gone by since the last earnings report for Oracle (ORCL). Shares have lost about 12.1% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up ...