Shares of Oracle Corp. closed 4% higher today following reports that it’s negotiating a $20 billion deal to provide Meta Platforms Inc. with cloud infrastructure. Sources told Reuters that the ...
Oracle dropped 5% on Tuesday, and it wasn’t random. Investors got spooked after The Information dropped a report exposing some nasty math behind Oracle’s cloud business. The report said Oracle plans ...
Oracle expects its cloud infrastructure business to create $166 billion in revenue by fiscal year 2030, accounting for nearly three-quarters of its total sales, the company says. Reuters reported that ...