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What just happened? Oracle has secured a cloud computing contract with an undisclosed customer, expected to generate more than $30 billion in annual revenue starting in fiscal year 2028 – nearly ...
Switching to Oracle Cloud can feel daunting. Security risks, unexpected expenses, and performance troubles often turn what seems like an effortless upgrade into a rough experience. Many companies move ...
Oracle Corp. signed a cloud services deal that it expects to contribute more than $30 billion in annual revenue starting in the fiscal year 2028.
IBM's strong hybrid cloud push, AI deals and cheaper valuation give it an edge over Oracle despite tough competition.
Oracle shares climbed higher as investors cheered the company's strong forecast. The company's cloud computing unit is showing outsized growth, which is only expected to accelerate, making it a ...
Oracle has new presidents. One person said they are considered part of the cloud company's succession plan.
Cloud infrastructure revenue increased 52% year-over-year and Oracle Cloud Infrastructure (OCI) consumption revenue grew 62% in the fourth quarter.
(Reuters) -Oracle shares surged 14% to breach the $200-mark for the first time on Thursday, after the company raised its annual revenue forecast, driven by strong demand for its AI-related cloud ...
Database giant Oracle Corp.’s stock moved up more than 7% in extended trading today after reporting financial results that surpassed analysts’ expectations and saying it expects cloud growth ...
Oracle also expects to surpass its previously stated revenue growth targets for fiscal 2027 and fiscal 2029, and promised to offer a more detailed long-range update at Oracle Cloud World in October.
Oracle raised its annual revenue growth forecast on Wednesday, betting on robust demand for its cloud offerings from companies deploying artificial intelligence, sending its shares up more than 7% ...
Oracle delivered quarterly results that topped analysts’ expectations and projected strong growth, sending shares higher in extended trading Wednesday.