Oracle shares slide
Digest more
Oracle and Amazon Web Services (AWS) have added eight new locations for their multicloud offering, Oracle Database@AWS. The new locations include the EU-Central-2 (Zurich), EU-South-1 (Milan), EU-South-2 (Spain), EU-West-3 (Paris), AP-Northeast-3 (Osaka), AP-Southeast-1 (Singapore), AP-Southeast-4 (Melbourne), and SA-East-1 (Sao Paulo) AWS regions.
Shares of Oracle ( ORCL 5.64%) shot up 39.9% in May, according to data from S&P Global Market Intelligence. After rising to over $300 a share last summer, Oracle's stock tumbled in the ensuing quarters, falling below $150 in April amid continued concerns about its partner, OpenAI, and its market-share struggles.
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Every enterprise IT executive faces the same AI paradox: their most valuable data sits locked in production databases, while the latest AI tools ...
Here's what could happen to ORCL shares next.
Oracle's cloud growth, AI spending, valuation debate, quarterly performance, and business outlook after a fresh target revision.
Oracle Cloud Infrastructure revenue increased 93 percent in the last quarter on the back of growing demand for its AI workloads and database services. In its Q4 FY2026, Oracle has posted revenues of $19.2bn, an increase of 21 percent Year-on-Year (YoY), and up from $17.2bn in the previous quarter.