ORCL

ServiceNow NOW is scheduled to release its second-quarter 2026 results on July 22.The Zacks Consensus Estimate for second-quarter revenues is currently pegged at $3.92 billion, indicating 22% growth from the figure reported in the year-ago quarter.The consensus mark for earnings is pegged at 86 cents per share, unchanged over the past 30 days and indicating growth of 4.88% from the figure reported in the year-ago quarter. Image Source: Zacks Investment Research ServiceNow’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 9.47%. ServiceNow, Inc. price-consensus-chart | ServiceNow, Inc. Quote Let’s see how things are shaping up prior to this announcement. ServiceNow’s second-quarter 2026 results are expected to have benefited from continued enterprise adoption of its AI-native platform, particularly Now Assist, AI Control Tower and Autonomous Workforce offerings. Management indicated that AI demand continues to exceed internal expectations, with Now Assist NNACV outperforming forecasts, customers spending more than $1 million, growing more than 130% year over year, and EmployeeWorks already closing multiple seven-figure deals shortly after launch. The integration of Moveworks is also expected to have contributed meaningfully to subscription growth as AI becomes embedded across the platform.Growth in Security & Risk, AI-native CRM and EmployeeWorks is likely to have remained a key driver in the reported quarter. The Armis and Veza acquisitions expanded ServiceNow’s AI governance, identity management and cybersecurity capabilities, while AI-powered CRM and CPQ solutions continue to replace legacy platforms. NOW highlighted strong traction in sales CRM, with NNACV growing more than fivefold year over year, supported by increasing enterprise demand for workflow automation and AI-enabled customer service.However, NOW is expected to have suffered from macroeconomic uncertainty and longer enterprise spending cycles. Operating expenses are likely to have increased due to the integration of Moveworks, Armis and Veza acquisitions, while NOW continues investing aggressively in product innovation and go-to-market expansion. Stiff competition from Salesforce CRM, Microsoft MSFT, Oracle ORCL and other enterprise software vendors that are rapidly embedding generative AI into their platforms, requiring continued investm...

Investing.com -- B. Riley is framing this week's second-quarter earnings reports from ASML and TSMC as "tone-setting" for the entire semiconductor and semiconductor capital equipment sector, arguing that a $880 billion surge in AI infrastructure spending has arrived roughly 12 months ahead of the firm's prior forecasts. The firm's comments makes clear that results and guidance from both companies carry outsized signal value for the broader chip supply chain. The core of B. Riley's thesis rests on an acceleration in hyper-scale AI capital expenditure that has outpaced the firm's own projections. CY26 guidance from the major hyper-scalers has jumped to approximately $695–725 billion, a level B. Riley had previously assigned to CY27. When Oracle's roughly $90 billion commitment is added alongside neo-cloud players CoreWeave ($31–35B) and NBIS ($20–25B), B Riley's CY26 total AI capex estimate rises to approximately $880 billion, with CY27 potentially crossing $1.02 trillion. That spending surge carries direct implications for TSMC's upcoming guidance. B. Riley suspects that if TSMC reclassifies CPUs into its high-performance computing AI accelerator taxonomy, CY26 headline sales could be guided up 500 basis points to growth of +35% year-over-year. "We think there is a higher likelihood for TSMC to further lift its revenue growth target for 2026 and long-term revenue CAGR given sustained leading-edge demand and improving visibility in the longer term," Citi analysts said in their preview note. The catalyst for that potential reclassification is agentic AI's rising CPU orchestration intensity, which B. Riley notes is sharply lifting the x86 and ARM server total addressable market to an AMD-estimated $120 billion by 2030, representing a 35% CAGR. NVIDIA's Vera CPU alone carries approximately $20 billion in CY26 revenue visibility, the firm adds. "If TSMC adds CPUs into its HPC AI accelerator taxonomy, we suspect CY26 headline sales could guide up 500bps to +35% YY," analysts wrote. On the capital equipment side, B. Riley believes CY26 industry wafer fab equipment spending has moved solidly above the $140 billion-plus levels cited by KLA Corp and Lam Research, and suspects CY27 could approach $170 billion-plus. TSMC's own capex is expected to come in above the Street consensus of $55.6 billion for CY26, with CY27 spending seen rising a further 15%-plus on top of tha...

IBM (IBM) ended trading Tuesday down more than 25%, its worst drop since at least 1968, after the company preannounced earnings that fell well below Wall Street's expectations. Big Blue attributed the results to customers shifting spending away from software and mainframe products and toward AI servers and memory. Analysts had expected IBM to report adjusted earnings per share (EPS) of $3.02 on revenue of $17.86 billion, but the company came up short, posting adjusted EPS of $2.93 and revenue of $17.2 billion. In a statement, IBM CEO Arvind Krishna said the company was prepared for a low-single-digit decline in its z17 mainframe business for the quarter, but the results were far worse than projected and are at least partially related to the global memory shortage. "In the last few weeks of June, we saw clients shift their quarterly [capital expenditures] spend toward servers, storage, and memory purchases to secure supply-constrained infrastructure ahead of expected price increases," Krishna said. "This dynamic impacted client buying patterns. While we anticipated some supply chain related impact in our expectations, we did not anticipate the magnitude of the capex reprioritization," he added. IDC's Ashish Nadkarni, who leads the firm's enterprise infrastructure global research group, wrote in a note that Wall Street's reaction to Krishna's warning was likely stronger than warranted, but that investors shouldn't dismiss his statement. "It may not mean the collapse of the mainframe business, but it does mean that IBM is not isolated from the strategic reallocation of enterprise budgets in order to address the acceleration of AI adoption," he explained. IBM stock was previously off just 4.8% since the start of the year heading into Tuesday, but it is now off 26%. The company's chief competitors aren't faring much better. Shares of Oracle (ORCL) are off 33% year to date, while Microsoft has declined 20%. Accenture (ACN), meanwhile, is down 50%. IBM will hold its quarterly earnings call on July 22. Email Daniel Howley at [email protected]. Follow him on X at @DanielHowley. Click here for the latest technology news that will impact the stock market. Read the latest financial and business news from Yahoo Finance

Yahoo Finance Senior Reporter Brooke DiPalma, Data and Markets Editor Jared Blikre and Visible Alpha Head of TMT Research Melissa Otto join Brian Sozzi on Opening Bid to discuss earnings revisions across the technology sector and what they could mean for investors.

Oracle Corporation (NYSE:ORCL) was among Jim Cramer’s stock calls on Mad Money, as he highlighted the AI opportunities in neoclouds. Cramer highlighted the future valuation of the company according to some analysts, as he said: Photo by Adam Nowakowski on Unsplash Oracle Corporation (NYSE:ORCL) provides cloud and on-premises software, databases, and IT infrastructure to help businesses manage operations. While we acknowledge the potential of ORCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.

Now is a great time for an executive to blame AI disruption for a bad quarter and a poor outlook. Everyone seems to be doing the same. Quick insight: If there has been one constant on earnings calls this year, it's talk of AI disrupting the way companies do business. The Deutsche Bank team found that mentions of AI disruptions during earnings calls jumped to a record 780 in the first half of 2026, a 310% surge from the second half of 2025. In the first half of the year alone, there were more mentions of AI disruptions than in the previous three years combined. The reality: The growing impact of AI can be seen in Big Tech layoffs. Billionaire Jack Dorsey's Block (XYZ) slashed 40% of its staff. With billionaire founder Larry Ellison still pulling the strings, Oracle (ORCL) reportedly laid off up to 30,000 workers across the US, Mexico, and other countries on April 1. Amazon (AMZN) has reportedly slashed 16,000 workers this year as part of its AI efficiency push. Coinbase (COIN) announced a 14% reduction in force in May. Cloudflare (NET) recently cut bait with 20% of its workforce, while Meta (META) cut 10% of its employee count. "I think once we realized it was something we had to do, we made the decision it was the kindest thing that we could do for the team to do as early as possible," Cloudflare co-founder and CEO Matthew Prince told Yahoo Finance. Bottom line: Expect to hear more AI disruption talk when second quarter earnings season begins shortly. Execs won't be able to escape it! Brian Sozzi is Yahoo Finance's Executive Editor, host of the 'Power Players With Brian Sozzi' podcast and a member of Yahoo Finance's editorial leadership team. Follow Sozzi on X @BrianSozzi, Instagram, and LinkedIn. Tips on stories? Email [email protected]. Click here for in-depth analysis of the latest stock market news and events moving stock prices Read the latest financial and business news from Yahoo Finance

This article first appeared on GuruFocus. Oracle (ORCL, Financials), a business software and cloud computing company known for its database technology and enterprise systems, could see stronger-than-expected cloud revenue in fiscal 2027, according to Piper Sandler. Warning! GuruFocus has detected 6 Warning Signs with ORCL. Is ORCL fairly valued? Test your thesis with our free DCF calculator. The firm believes Oracle's heavy spending on cloud infrastructure could start showing up more clearly in sales as new capacity comes online. Analyst Billy Fitzsimmons estimates Oracle could add about 2,400 megawatts of cloud capacity during fiscal 2027. Based on the firm's calculations, that expansion could generate roughly $23 billion in new Oracle Cloud Infrastructure revenue. That is above Piper Sandler's current estimate of $20.8 billion and could add about $2.2 billion to OCI revenue for the year. If the estimate holds, Oracle's fiscal 2027 OCI revenue could reach $41.1 billion. That would give cloud growth an additional tailwind as demand for computing infrastructure remains tied to rising AI workloads. For investors, the question is whether Oracle can turn its large infrastructure spending into revenue quickly enough to support growth and justify the cost of expanding its data centers. Piper Sandler kept an Overweight rating on Oracle with a $225 price target. The next focus will be how quickly Oracle brings new cloud capacity online and whether customer demand is strong enough to fill it.

Investing.com -- Piper Sandler defended its Overweight rating on Oracle in a note to clients on Monday, arguing the company could generate approximately $2.2 billion in Oracle Cloud Infrastructure revenue not currently captured in consensus estimates, based on the firm’s analysis of capital expenditure to data center capacity to revenue conversion. Analyst Billy Fitzsimmons said Oracle "has remained a controversial name" in Piper Sandler’s coverage, given ongoing concerns around capital requirements, AI monetization, customer concentration and margins. However, the firm is "constructive given our OCI analysis, accelerating revenue growth, the new CFO potentially being a more prudent guider, and reasonable expectations for the apps business in FY27." Using disclosures from Crusoe and CoreWeave as benchmarks, Piper Sandler estimated a baseline cost of approximately $46 million per megawatt and IaaS revenue of approximately $13.5 million per megawatt. Applying those assumptions to Oracle’s projected fiscal 2027 capital expenditure, the firm estimated approximately 2,400 megawatts of capacity could come online during the year. Based on that capacity ramping over the course of fiscal 2027, Piper Sandler calculated net new OCI revenue of approximately $23.0 billion, compared to its current estimate of $20.8 billion, implying total fiscal 2027 OCI revenue of $41.1 billion. Fitzsimmons described the potential incremental contribution as a "12% tailwind to FY27 OCI growth." Oracle shares have pulled back following fourth-quarter results, which Piper Sandler said present an opportunity given the upside scenario its analysis supports. Related articles Piper Sandler defends Oracle ahead of earnings, sees $2.2bn OCI revenue upside JPMorgan outlines ten strategic themes that could shape the outlook for 2026 This sector is 'poised for a big, beautiful year': Truist

LAS VEGAS, July 06, 2026--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™ and the leading third-party support provider for Oracle, SAP and VMware software, today announced it will report earnings after market close on July 30, 2026. The company will host a conference call and webcast on that date to discuss the second quarter 2026 results and the second half 2026 outlook at 5:00 p.m. Eastern / 2:00 p.m. Pacific time. A live webcast of the event will be available on Rimini Street’s Investor Relations site via the Rimini Street IR events link and directly via the webcast link. Dial-in participants can access the conference by dialing 1-800-836-8184. A replay of the webcast will be available for one year following the event. About Rimini Street, Inc. Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a proven, trusted global provider of end-to-end, mission-critical enterprise software support, managed services and innovative Agentic AI ERP solutions and is the leading third-party support provider for Oracle, SAP and VMware software. The Company has signed thousands of IT service contracts with Fortune Global 100, Fortune 500, midmarket, public sector and government organizations who have leveraged the Rimini Smart Path™ methodology to achieve better operational outcomes, billions of US dollars in savings and fund AI and other innovation. To learn more, please visit https://www.riministreet.com, and connect with Rimini Street on X, Facebook, Instagram, and LinkedIn. Forward-Looking Statements Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "anticipate," "assume," "believe," "budget," "continue," "could," "currently," "estimate," "expect," "forecast," "future," "intend," "may," "might," "outlook," "plan," "possible," "goal," "potential," "predict," "project," "reflect," "results," "seem," "seek," "should," "will," "would" and other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our in...

Investors are entering the second-quarter earnings season focused on whether heavy artificial intelligence spending by major technology companies will begin translating into stronger revenue growth, according to Wedbush Securities analysts. Wedbush wrote that recent weakness in large-cap technology stocks reflects growing investor concerns over the timing of returns from record AI infrastructure investments rather than a deterioration in the long-term outlook. "We are going through another 'gut check' few weeks ahead for the tech trade as tech investors await a very important Q2 earnings season in July to further validate the AI Revolution buildout," the firm wrote. Wedbush noted that companies including Microsoft Corp (NASDAQ:MSFT), Alphabet Inc (NASDAQ:GOOG), Amazon.com Inc (NASDAQ:AMZN), Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB), Nvidia Corp (NASDAQ:NVDA, XETRA:NVD), Oracle Corp (NYSE:ORCL, XETRA:ORC), and Palantir Technologies Inc (NYSE:PLTR) have come under selling pressure as investors question when elevated capital expenditures will begin generating meaningful revenue growth. "We are in an 'air pocket stage' right now where the $700 billion of Big Tech cap-ex this year is fueling the AI buildout," Wedbush wrote. The firm added that investors are becoming increasingly impatient as companies such as Microsoft and Meta continue investing heavily while waiting for broader monetization of AI initiatives. The firm argued that the current period represents a transition phase, with data center and computing capacity expanding ahead of expected growth in enterprise AI adoption. It described the environment as "short-term pain for long-term gain" and maintained that the recent pullback has created buying opportunities. Wedbush also pointed to rising compute and memory costs as another source of market concern, particularly after recent price increases announced by Apple Inc (NASDAQ:AAPL, XETRA:APC) raised questions about the affordability of large-scale AI deployments. However, the firm wrote that those cost pressures should ease over the coming year as AI hardware, enterprise applications, and physical AI deployments expand, adding that the current uncertainty is part of a longer investment cycle it views as being in "Year 3 of a 10-year AI buildout."

The Nasdaq Composite and S&P 500 Index were down in late-morning trading Tuesday, while the Dow Jone

Oracle's (ORCL) total workforce fell by approximately 21,000 employees, or 13%, in fiscal 2026 to 14