Oracle's stock soared after a report of a cloud contract with OpenAI and an optimistic forecast for its AI-driven cloud infrastructure. The company projects aggressive eight-fold growth in cloud ...
Amid investors concerns about high spending and the impact to the company's financial health, the bear case on Oracle (ORCL) may actually be a “bullish” sign, Deutsche Bank said. “Relative to company ...
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 ...
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