The Oracle stock continues to trade near record high levels, buoyed by optimism over its fundamental growth prospects stemming from a skeptical-turned-successful cloud strategy. Gen2 Oracle Cloud ...

AUSTIN, Texas, Feb. 7, 2024 /PRNewswire/ -- More than 16 new Oracle Cloud Infrastructure (OCI) services and features have attained FedRAMP approval, bringing enhanced AI, DevOps, and security ...

Oracle just secured a cloud contract worth more than $30 billion per year - one of the largest single deals in cloud computing history. The agreement, set to begin generating revenue in fiscal 2028, ...

The integration will provide developers and enterprises easier access to AI tools, better UI, support, and increased productivity, analysts say. Oracle and Nvidia are partnering to make the latter’s ...

Oracle sees total revenue growing to $225 billion in fiscal 2030 Adjusted profit seen at $21 per share in 2030 vs $18.92 LSEG estimate Expects adjusted gross margins of 30-40% in AI cloud computing ...

After Oracle (ORCL) reported fiscal fourth-quarter earnings that missed estimates and announced large cloud infrastructure deals with Microsoft (MSFT), OpenAI, and Alphabet's (GOOGL) Google Cloud, ...

Catz raised Oracle's fiscal year 2026 revenue guidance to at least $67 billion, representing 16% growth in constant currency. She added, "I expect that total cloud revenue will grow over 40% in ...

The company has secured an agreement with a yet-to-be-named company, which some speculate could be OpenAI or an equivalent. But analysts say the move won’t impact its capacity to serve its other ...

Google’s Gemini model landing on Oracle Cloud marks a shift for enterprise AI adoption, bringing high-profile artificial intelligence out of Google’s exclusive orbit and into broader business ...

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Oracle is on its way to becoming the best cloud for AI and high-performance computing. Oracle multicloud is cutting networking complexity and reducing data transfer latency. OpenAI will need to raise ...

‘We are the only applications company in the world that’s selling complete application suites,’ Oracle co-CEO Mike Sicilia says. Oracle co-CEO Clay Magouyrk sought to clarify how the vendor finances ...