The $110 billion catalyst that makes it more likely Oracle will hit its 700% cloud infrastructure revenue growth guidance by 2030

Oracle has guided for tremendous revenue growth in its cloud infrastructure business over its next four fiscal years.

Oracle’s cloud revenue surges 44%, easing pressure on its stock

For the current quarter, Oracle said it’s looking for earnings of between $1.92 and $1.96 per share, well ahead of the analysts’ $1.70 per share forecast. In terms of revenue, it said it’s eying ...
Los Angeles Times

Oracle names co-CEOs as it bets business on cloud computing

Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company’s focus on its rapidly expanding cloud computing business. The 39-year-old ...
Forbes

Oracle Delivers A Fully Integrated Cloud Experience With New Compute Cloud@Customer

IT buyers like the operational flexibility that the public cloud provides. Capital expenditures go away. OpEx becomes predictable. Resources are available on-demand, with near-endless scalability.
Hosted on MSN

Oracle’s cloud backlog jumped 359% to $455 billion after four massive contracts

Oracle’s stock shot up 27% today after the company reported a ridiculous 359% increase in cloud backlog, reaching $455 billion. That surge happened even though Oracle missed on earnings. Investors ...
The Motley Fool

3 Reasons Why Oracle's Cloud Computing Deals With Meta Platforms and OpenAI Make The "Ten Titans" Growth Stock a Top Buy Now

Oracle’s data centers are purpose-built for artificial intelligence (AI). The tech giant is winning high-value contracts across the AI landscape. Oracle is working with AWS, Microsoft Azure, and ...
CRN

Oracle Launches Multi-Cloud Services Reseller Program, Universal Credits

‘There are a lot of customers who really want to be able to consume directly through those partners,’ says Nathan Thomas, vice president of multi-cloud for Oracle Cloud Infrastructure. Oracle is ...