June 12 (Reuters) - Oracle shares (ORCL.N), opens new tab jumped 9% on Wednesday as investors cheered a boom in demand for the company's relatively low-cost cloud infrastructure services from ...
Oracle just secured a cloud contract worth more than $30 billion per year - one of the largest single deals in cloud computing history. The agreement, set to begin generating revenue in fiscal 2028, ...
Oracle and AWS are teaming up to provide better access to Oracle's databases and other products for AWS's enterprise customers. Oracle and AWS have entered into a strategic relationship, announced ...
On Oct. 7, tech media outlet The Information reported that Oracle‘s ORCL graphics processing unit rental business generated a 14% gross margin in the quarter ended Aug. 31. Oracle shares were down as ...
Catz raised Oracle's fiscal year 2026 revenue guidance to at least $67 billion, representing 16% growth in constant currency. She added, "I expect that total cloud revenue will grow over 40% in ...
Oracle sees total revenue growing to $225 billion in fiscal 2030 Adjusted profit seen at $21 per share in 2030 vs $18.92 LSEG estimate Expects adjusted gross margins of 30-40% in AI cloud computing ...
The company has secured an agreement with a yet-to-be-named company, which some speculate could be OpenAI or an equivalent. But analysts say the move won’t impact its capacity to serve its other ...
Forbes contributors publish independent expert analyses and insights. Ankita Dhawan is a Delhi-based equities expert analyzing U.S. stocks. Oracle stock jumps to $215 as CEO raises guidance for cloud ...
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