Oracle Beats Q1 Estimates as AI Cloud Demand Surges
Oracle beat Q1 estimates with $19.3B revenue (+30%) and $1.92 adj. EPS. AI demand lifted cloud infrastructure 121%.
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Oracle’s Extreme Sell-Off Creates Buying Opportunity Ahead of Investor Day, Citi Says
Citi maintains Buy on Oracle with $330 target after extreme sell-off. AI demand and $85B contracts seen as key drivers ahead of Investor Day.
Oracle Stock Drops After Key New Mexico Gas Pipeline for Data Center Delayed to 2027
Green Chile natural gas pipeline for Oracle’s Project Jupiter data center in New Mexico delayed to February 2027 due to state regulatory hurdles.
Nvidia to Invest Up to $3 Billion in Lancium, the Power Company Behind Stargate
Nvidia plans up to $3B investment in Lancium, the Blackstone-backed power firm behind the Stargate AI data center project, valuing it at $10B.
Oracle Wins Nearly $7 Billion Pentagon Software Deal to Streamline Military Systems
Defense Department signs up to 10-year, nearly $7 billion Oracle contract to unify software licensing, cut costs, and save taxpayers $441 million.
Starbucks Builds In-House AI Tools to Cut Reliance on Microsoft, IBM, and Oracle
Starbucks aims to slash $400M in annual software spend by building its own AI tools, challenging Microsoft Dynamics, IBM TRIRIGA, and Oracle Simphony.