SiliconANGLE

Oracle beats expectations on ‘insatiable’ cloud demand, sending its stock higher

Database giant Oracle Corp.’s stock moved up more than 7% in extended trading today after reporting financial results that surpassed analysts’ expectations and saying it expects cloud growth to ...
Kalkine Media

Oracle (NYSE:ORCL) Expands Cloud Relevance For Nyse Composite Index Watchers

Oracle’s (NYSE:ORCL) profile in cloud infrastructure and cloud applications has grown alongside continued demand for ...
Hosted on MSN

Oracle's Multi-Cloud Push Intensifies: A Key Driver of Cloud Demand?

Oracle’s ORCL multi-cloud strategy is fast becoming a powerful catalyst for long-term growth. By integrating Oracle Cloud Infrastructure (OCI) with hyperscalers such as Amazon Web Services (AWS), ...
U.S. News & World Report

Oracle Soars After Raising Annual Forecast on Robust Cloud Services Demand

(Reuters) -Oracle raised its annual revenue growth forecast on Wednesday, betting on robust demand for its cloud offerings from companies deploying artificial intelligence, sending its shares up more ...
Hosted on MSN

Oracle Stock Soars On 'Staggering' AI Cloud Demand. Why Analysts See Further Upside.

OracleORCL stock is on pace for its best day this century as analysts heap praise on the 48-year-old tech firm's fiscal first-quarter report. But Wall Street was less wowed by the most recent results ...
SiliconANGLE

New cloud deals and demand for generative AI drive strong growth for Oracle

Shares of the database giant Oracle Corp. rose more than 13% in extended trading today after it posted a solid earnings beat, with particularly strong results in its growing cloud business. The ...
Seeking Alpha

Oracle to invest over $8B in Japan to meet cloud computing, AI demand

Oracle's (NYSE:ORCL) Japan unit is planning to invest more than $8B over the next 10 years to meet the growing demand for cloud computing and AI infrastructure in the country. The company will also ...
Benzinga.com

Oracle Q4 Earnings: Revenue, EPS Beat Estimates, Cloud Infrastructure Growth Expected To Accelerate With Demand 'Skyrocketing'

Oracle noted that its MultiCloud database revenue from Amazon, Google and Azure grew 115% quarter-over-quarter. Remaining performance obligations totaled $138 billion at the end of the quarter, up 41% ...
Seeking Alpha

Oracle's Cloud Surge: The Canary In The Coal Mine For AI's Next Wave

Oracle’s Q4 earnings show cloud growth accelerating from 25% to over 40% y-o-y, with Cloud Infrastructure rising from 50% to over 70%, signaling a new wave of AI demand. Oracle Cloud Infrastructure’s ...
Morningstar

Oracle Earnings: Cloud Infrastructure Demand Harvested from “Acres” of Large-Scale AI Model Clusters

Narrow-moat Oracle’s first-quarter results mildly beat our top- and bottom-line expectations as Oracle’s cloud services sector became Oracle’s largest sector—with help from all things artificial ...
Reuters

Oracle soars after raising annual forecast on robust cloud services demand

Shares surge more than 7% after the bell Quarterly revenue beats estimates June 11 (Reuters) - Oracle (ORCL.N), opens new tab raised its annual revenue growth forecast on Wednesday, betting on robust ...