The market's enthusiasm for AI is having a material impact on this tech stalwart's financials.
Oracle (ORCL) reports Q3 earnings after the bell tonight. Shares of the company remain under pressure headed into earnings as Wall Street worries about debt load and the company’s deep ties to OpenAI.
Oracle posted earnings that topped Wall Street estimates and lifted its outlook, as strong AI demand drove its sales and backlog to record highs.
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