Oracle's Larry Ellison downplays software apocalypse fears: 'We think the SaaSpocalypse applies to others, but not to us'

Oracle execs tried to calm investor fears that AI will replace traditional software tools.

Oracle’s cloud revenue surges 44%, easing pressure on its stock

For the current quarter, Oracle said it’s looking for earnings of between $1.92 and $1.96 per share, well ahead of the analysts’ $1.70 per share forecast. In terms of revenue, it said it’s eying ...