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Oracle on Monday topped fourth-quarter revenue estimates and forecast an upbeat first quarter, driven by growing demand for its cloud offerings from companies deploying AI, sending its shares up ...
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Zacks Investment Research on MSNOracle's Cloud Expansion via AWS: 3 Key Reasons to Hold the Stock NowOracle Corporation ORCL reached a critical inflection point with its Oracle Database@AWS launch, completing partnerships across all major hyperscalers, including Amazon AMZN, and positioning the ...
Oracle Cloud, Licensing Demand Leads To Strongest Organic Growth In Over 10 Years ... Cloud services and license support revenue rose 5 percent to $30.17 billion, ...
In a hostile takeover attempt, Oracle offered to buy rival PeopleSoft Inc. for $5.1 billion four days after PeopleSoft announced it would buy rival J.D. Edwards & Co. for stock initially worth $1. ...
During the previous quarter, revenue from cloud services and license support rose to $11.7 billion, exceeding the Street’s target of $11.59 billion, while cloud and on-premises license revenue ...
Reuters. FILE PHOTO: A logo of cloud service provider Oracle is seen at the company's offices at Eastpoint Business Park, Dublin, Ireland October 18, 2021.
Oracle shares rose more than 10% on Tuesday as a push to embed AI into its cloud service products boosted its first-quarter results and helped it narrow the gap with market leaders.
Bloom Energy (NYSE:BE) +12.6% pre-market Thursday after saying it will deploy its fuel cell technology at select Oracle (ORCL ...
Shares of Bloom Energy Corp BE +23.9% Get Free Report are surging Thursday morning after the company announced a ...
One of the significant advantages of Compute Cloud@Customer lies in its scalability and adaptability. In fact, businesses can flexibly deploy Oracle Cloud services in a diverse range of cloud ...
Oracle's cloud services revenue rose 21% to $5.6 billion in the first quarter. Revenue for the quarter ended Aug. 31 stood at $13.31 billion, compared with analysts' estimates of $13.23 billion ...
(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 ...
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