Oracle ($ORCL) stock gained about 5% after revealing a new financial outlook for its fast-growing AI infrastructure business.
Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up ...
Oracle last month was reported to discuss with Meta for a multi-year cloud computing deal worth about $20 billion. Under the ...
Oracle has put forth a bullish forecast for its future, projecting that its Cloud Infrastructure revenue will soar to $166 billion by 2030.
ORCL's expanding AI and cloud contracts, including major deals with Meta and OpenAI, signal a powerful new growth phase ahead ...
Oracle confirmed Meta as a major cloud customer and announced $65 billion in new infrastructure commitments across four ...
Since the beginning of the year, Oracle stock has gained 74%. Pivoting to become the artificial intelligence infrastructure ...
Oracle Corp. fell the most in almost nine months after giving its long-range financial outlook, suggesting investors ...
Oracle is joining the Cloud Security Notification Framework project (CSNF), an initiative looking to develop a standardized framework for dealing with cloud security issues in enterprise environments, ...
Shares of enterprise software major Oracle climbed 3.4% early Wednesday, rebounding from the previous day’s 3% decline.
The tech giant raised its long-term financial targets and projected strong cloud margins, reassuring investors that its ...
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