Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up nearly 75% of its total sales by then. Chief Executive Officer Clay Magouyrk ...
Oracle stock (NYSE: ORCL) has dropped 7% in a day, currently priced at $257. This decline appears to be due to profit-taking ...
The company’s momentum reflects trends among major s&p 500 companies.
Oracle to launch Digital Assets Data Nexus, aiding banks in creating, managing, and integrating blockchain-based digital ...
Oracle confirmed Meta as a major cloud customer and announced $65 billion in new infrastructure commitments across four ...
Oracle (ORCL) is now seen as a rising star in cloud computing, particularly for AI developers like OpenAI. In fact, many analysts believe that the software company’s late entry into the cloud market ...
Key Points. Analysts have optimistic price targets on Oracle stock. The company expects AI infrastructure deals to lead to an ...
A sharp pullback after a euphoric run leaves Oracle looking more balanced, with reasons to be optimistic and a few arguing ...
Oracle’s data centers are purpose-built for artificial intelligence (AI). The tech giant is winning high-value contracts across the AI landscape. Oracle is working with AWS, Microsoft Azure, and ...
The rise of alternative solutions to Oracle’s core offering, on-premise relational databases, has created uncertainty around Oracle’s long-term future in the software ecosystem. Companies continue to ...
FILE PHOTO: FILE PHOTO: The company logo for Oracle Corp. is displayed on a screen on the floor at the NYSE in New York SINGAPORE (Reuters) - Oracle said on Wednesday it would provide Singapore's ...