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Oracle secured a cloud contract over $30 billion annually, one of the largest in cloud history, starting fiscal 2028.
Oracle also said it will invest $2 billion in its Frankfurt cloud region, in Germany, over a five-year period.
Oracle has signed a mystery cloud contract worth over $30 billion annually, which would effectively more than double the company's current cloud revenue.
Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory ...
With Oracle's revenue set to soar on GPU deals and cloud growth, investors are betting big, but profitability and valuation ...
Oracle's cloud deals worth $30Billion could make it a leading player in hyperscale cloud. Analysts see long-term growth ...
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 ...
Oracle's stock surged to a record high following the announcement of a major cloud computing agreement projected to generate over $30 billion in annual revenue starting in fiscal year 2028.
Oracle Corp. signed a cloud services deal that it expects to contribute more than $30 billion in annual revenue starting in the fiscal year 2028.
Oracle Corp_ logo on phone-by WonderPix via Shutterstock. Oracle (ORCL) recently reached a new 52‑week high, driven by ...
Oracle announced on Tuesday it will invest $3 billion over 5 years in AI and cloud infrastructure across Germany and the ...
Oracle Corporation (NYSE:ORCL) is one of the AI Stocks in the Spotlight Today. On July 14, Evercore ISI analyst Kirk Materne ...