Oracle Chairman and Chief Technology Officer Larry Ellison delivers a speech at the Oracle OpenWorld conference in San Francisco on September 16, 2019.
Justin Sullivan | Getty Images News | Getty Images
Oracle Shares of the database software company fell in after-hours trading on Monday after the database software company reported fiscal second-quarter results that fell short of analysts’ expectations.
The following is a comparison of Oracle and LSEG consensus:
- Earnings per share: Adjusted $1.47, expected $1.48
- income: US$14.06 billion, expected US$14.1 billion
Oracle’s second-quarter sales increased 9% year-over-year.
The company said it has worked with Yuan Among other things, the social media giant will use Oracle’s cloud computing services to help with its various social media-related projects. Llama large family of language patterns.
“Oracle Cloud Infrastructure trains some of the world’s most important generative artificial intelligence models because we do it faster and cheaper than other clouds,” Oracle Chairman and Chief Technology Officer Larry Ellison said in a statement “We just signed an agreement with Meta to use Oracle’s AI cloud infrastructure and work with Oracle to develop an AI agent based on Meta’s Llama model. “
In September, Oracle improved Fiscal Year 2026 Revenue Guidance to $66 billion, about $1.5 billion higher than analysts’ forecasts. During that month, Oracle also declare Its cloud division will begin accepting customer orders from more than 131,000 computing clusters NVIDIA “Blackwell” graphics processing unit, used for artificial intelligence model training and related tasks.
The stock is up more than 80% this year and is on track for its best annual performance since 1999.
