Oracle co-CEO Mike Sicilia: AI coding tools hurting software companies does not apply to Oracle, yes they may disrupt …
Oracle proved most analysts wrong as the company posted strong quarterly results. The company’s Q3 FY2026 results surpassed both earnings and revenue expectations. The results help to allay investor concerns that Oracle’s costly multi-billion dollar push into AI computing may not generate profits quickly enough. During the earnings conference call, Oracle management spoke about the…