Also, Oracle’s cloud infrastructure growth rate doubled over the last year, indicating that the cloud services offered by Oracle are in high demand among enterprises as Oracle is especially ...

During the previous quarter, revenue from cloud services and license support rose to $11.7 billion, exceeding the Street’s target of $11.59 billion, while cloud and on-premises license revenue ...

Oracle is experiencing a major resurgence driven by strong investments in Oracle Cloud Infrastructure and a robust ...

Oracle Stock Rallies To Record Highs After Bullish Cloud Outlook. AI Demand Extends Beyond Stargate. Story by RYAN DEFFENBAUGH • 11h ...

Narrow-moat Oracle’s first-quarter results mildly beat our top- and bottom-line expectations as Oracle’s cloud services sector became Oracle’s largest sector—with help from all things ...

(Reuters) -Oracle raised its annual revenue growth forecast on Wednesday, betting on robust demand for its cloud offerings from companies deploying artificial intelligence, sending its shares up ...

Infrastructure cloud services revenue, excluding legacy hosting services, saw an annualized revenue of $3.8 billion, growing 69 percent year over year. OCI consumption revenue was up 88 percent.

Oracle's revenue for the fourth quarter jumped about 17% to $13.84 billion, beating analysts' estimates of $13.74 billion, according to Refinitiv. Cloud revenue rose 54% to $4.4 billion.

Oracle ORCL recently announced that it is expanding its distributed cloud offerings to meet the diverse needs of organizations and growing demand for Oracle Cloud Infrastructure ("OCI") services ...

Oracle on Tuesday said it is planning to add a second cloud region in Singapore to meet the growing demand for cloud services across Southeast Asia. “Our upcoming second cloud region in ...

Austin, TX, Jan. 19, 2023 — Guitar Center, the world’s largest musical instrument retailer, has moved to Oracle Exadata Database Service on Oracle Cloud Infrastructure (OCI) to meet customer demand ...