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Cryptopolitan on MSNOracle jumps 27% as cloud backlog explodes 359% despite earnings miss
Oracle’s stock shot up 27% today after the company reported a ridiculous 359% increase in cloud backlog, reaching $455 ...
(Reuters) -Futures tied to the S&P 500 touched a record high on Wednesday, driven by a surge in cloud firm Oracle, as ...
The surge in Oracle's revenue forecast can be attributed to the escalating demand for cloud services, particularly those that offer cost-effective solutions for artificial intelligence (AI) ...
Oracle said on Tuesday it expects booked revenue at its Oracle Cloud Infrastructure business to exceed half a trillion ...
Oracle reported weaker-than-expected results but touted a $30B OpenAI cloud contract and growing AI demand as proof its ...
Oracle’s dominance in enterprise databases, booming cloud growth, and massive RPO backlog signal strong upside ahead of ...
Oracle’s shares hit a record high, driven by cloud growth and major deals with OpenAI and TikTok, forecasting aggressive ...
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Oracle’s stock hit a record high in August, and with today’s after-hours gains it’s very close to beating that. In the year ...
Oracle said on Tuesday it expects revenue in its Oracle Cloud Infrastructure business to grow 77 per cent this year, from ...
In a significant move reflecting the burgeoning demand for cloud services, Oracle Corporation has raised its annual revenue forecast for its Oracle Cloud Infrastructure (OCI) business. The tech giant ...
The Details: Oracle reported quarterly earnings of $1.47 per share, which missed the analyst consensus estimate of $1.48.
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