Oracle Corp. shares fell more than 10% in extended trading after the company reported a jump in spending on AI data centers and other equipment, rising outlays that are taking longer to translate into cloud revenue than investors want.

Shares in Larry Ellison’s database company fell as much as 16 per cent on Thursday, before trimming its losses to close down 10.8 per cent. The cost to protect against falls in its debt also jumped. The move came as Oracle reported revenues of $16.1bn in the last quarter, up 14 per cent from the previous year but below analysts’ estimates.

It is a far cry from the company’s last quarterly results, released in September, when news of a series of AI deals boosted its bottom line and saw its share price soar 40 percent, briefly making founder and CTO Ellison the world’s richest man.

Oracle Corporation (($ORCL)) has held its Q2 earnings call. Read on for the main highlights of the call. Oracle’s recent earnings call painted a

Oracle Chairman Larry Ellison said Wednesday that the company sold its stake in chip designer Ampere Computing “because we no longer think it is strategic for us to continue design, manufacturing and using our own chips in our cloud data centers.

Oracle Corp (NYSE:ORCL) posts second-quarter financial results for fiscal 2026 after the market close on Wednesday.

Oracle (ORCL) is now offering Oracle Database@Google Cloud to customers in Canada. With the debut of the powerful multicloud service in Canada,

Oracle leadership will likely field plenty of questions on not just AI, data center revenue, but also on the quality of that revenue, profit margins and a diversity of customers beside OpenAI and Meta.

In the December 10 earnings call, Oracle CEO Larry Ellison said that the company is focusing on solving the “very important problem” of how to enable the most recent AI models to complete multi-step reasoning on private enterprise data without compromising the data.

Did people complain – and by people, we mean Wall Street – as the world’s largest bookseller invested huge amounts of money to transform itself into an

Wall Street rose to more records even as a sell-off for Oracle and worries about a potential bubble in artificial-intelligence technology weighed on the market. The S&P 500 edged up 0.2% Thursday to eke past the all-time closing high it set in October.