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 ...

The company’s momentum reflects trends among major s&p 500 companies.

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 ...

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 ...

Oracle stock (NYSE: ORCL) has dropped 7% in a day, currently priced at $257. This decline appears to be due to profit-taking ...

A sharp pullback after a euphoric run leaves Oracle looking more balanced, with reasons to be optimistic and a few arguing ...

Oracle has recently announced the launch of its OCI Zettascale10 AI supercomputer, claiming it to be the world’s largest in ...

New AI supercomputer, the largest in the cloud, to deliver up to 131,072 NVIDIA GPUs to enable customers to build, train, and inference AI at scale LAS VEGAS, Sept. 11, 2024 /PRNewswire/ -- Oracle ...

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 ...