Oracle Corporation is up 81% YTD, driven by AI-cloud positioning. Speculation over a potential TikTok U.S. acquisition deal is rallying the markets on Tuesday. ORCL delivered strong Q1 cloud growth, ...
Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider ...
Oracle said in its earnings report that remaining performance obligations jumped 359% from a year earlier. The company now sees $144 billion in cloud infrastructure revenue in the 2030 fiscal year, up ...
Oracle is simultaneously planning heavier capital expenditures and signing up for leases to meet demand for cloud infrastructure for artificial intelligence customers such as OpenAI. The company ...
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