Oracle’s stock skyrockets 31% on AI contracts, narrowing Ellison’s wealth gap with Musk and sparking a broader AI trade, as the company’s surge into megacap territory signals a new AI capex cycle ...
KUALA LUMPUR - Oracle plans to invest more than US$6.5 billion to set up its first public cloud region in Malaysia, the company said on Wednesday, the latest major investment by a global tech firm ...
Wall Street analysts expect Oracle to report an EPS (earnings per share) of $1.64 on revenue of $15.58 billion for Q4. This marks a modest uptick from the same period last year when the company ...
Oracle (ORCL) stock jumped over 36% Wednesday to a new record close after the software giant said its AI-fueled cloud revenue is set to jump to $144 billion by its 2030 fiscal year. That marks a ...
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Oracle set to report earnings with Wall Street expecting 30% AI-fueled growth in cloud business
Oracle (ORCL) is set to report its fiscal first-quarter earnings Tuesday after the bell, with Wall Street expecting a 30% jump in cloud business revenue fueled by AI. Investors will also be watching ...
Oracle's investment set to be one of the largest in Malaysia Cloud region to help Malaysian organizations modernize and innovate with AI Oracle says planning further expansion across Asia KUALA LUMPUR ...
The enterprise-computing stock has benefited from strong demand for cloud and AI infrastructure. Oracle cofounder Larry Ellison's personal fortune has surged . Oracle has surged 75% since January, ...
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