Oracle reported better-than-expected earnings and revenue for its fiscal fourth quarter.
The cloud infrastructure and AI provider delivered everything investors were expecting. They wanted more.
The Office of Personnel Management is using the contract to consolidate more than 100 systems into a single platform covering ...
WASHINGTON, June 10 (Reuters) - Oracle won a contract to provide an HR platform for agencies across the U.S. government, according to a Trump administration statement. Oracle will provide a ...
The cloud giant's record quarter came with a reminder of just how expensive its artificial intelligence build-out has become.
Oracle blew past earnings expectations and grew its contract pipeline to $638 billion, but Wall Street is concerned about its rising AI costs.
The agency plans to consolidate more than 100 personnel systems into a single platform serving 2 million federal employees.
The nearly $400 million, 10-year contract is expected to deliver a single, governmentwide system for agencies to manage their human resources capabilities.
For the quarter ended May 2026, Oracle (ORCL) reported revenue of $19.18 billion, up 20.6% over the same period last year. EPS came in at $2.11, compared to $1.70 in the year-ago quarter. The reported ...