The potential of Oracle's Infrastructure-as-a-Service business might be one of the cloud industry's biggest, most-debated question marks. The Redwood Shores, Calif.-based tech giant was late to the ...
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Oracle forecasts over $500 bn revenue as cloud demand skyrockets - What it means for Indian IT companies - EXPLAINED
Oracle has stunned Wall Street with a forecast that its booked revenue from Oracle Cloud Infrastructure (OCI) will exceed $500 billion in the coming quarters, reported Reuters. The company’s remaining ...
While the latest earnings and revenue numbers come up short, Oracle impresses with its talk of new multibillion-dollar deals and big cloud projections Oracle's stock soared in after-hours trading on ...
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Explained: What's behind the Oracle rally
Oracle’s stock lifted Wall Street on Wednesday, soaring about 36% for its biggest single-day gain since 1992. The surge propelled CEO Larry Ellison to become the richest person in the world, ...
U.S. stocks fell for a third straight session early Thursday, led by a steep drop in technology shares as traders pulled back on stretched valuations and recalibrated rate expectations. Oracle sank ...
Oracle's Larry Ellison briefly became the richest person in the world Wednesday, with shares of Oracle, the tech giant he co-founded, surging as much as 43%. By the end of the trading day at 4 p.m. ET ...
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