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Oracle Bets Big on Cloud Expansion: A Sign of Strong Upside Ahead?
Oracle ORCL is making a bold bet on cloud expansion as the foundation of its long-term growth path. In the first quarter of ...
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Oracle Stock In Spotlight After Analyst Says Market ‘Materially Overestimates’ Worth Of Cloud Contracts
Rothschild & Co Redburn has launched coverage on Oracle Corp. (ORCL) with a ‘Sell’ rating alongside a $175 price target, with ...
Oracle is aiming to raise $18 billion in debt, a regulatory filing showed on Wednesday, as the company looks to invest ...
This news comes just a few weeks after Oracle allegedly inked a $300 billion compute deal with OpenAI that surprised the ...
WASHINGTON (Reuters) -U.S. credit rating agency Moody's Ratings flagged several potential risks in Oracle Corp's $300 billion ...
Seagate Technology is positioned for strong growth, driven by surging demand for cloud, edge and AI-related data storage ...
AI will widen the gap between the technology ‘haves’ and ‘have-nots’ as it gets built into the infrastructure and software used to run key processes ...
Artificial intelligence chipmakers saw strong momentum this week as corporate earnings, cloud computing contracts, and surging demand for AI infrastructure fueled gains across the sector. Cloud ...
In April 2009, Oracle Corp. made what at the time looked like a bad deal. Or at least that was the conventional wisdom. It announced that it was buying Sun Microsystems Inc. for $7.4 billion, or $5.6 ...
Oracle has emerged as one of the biggest winners of the artificial intelligence wave, as seen in the previous session, as strong guidance from its cloud infrastructure business has boosted the outlook ...
The deal is one of the largest cloud contracts ever signed, reflecting how spending on AI data centers is hitting new highs despite mounting concerns over a potential bubble.
Oracle shares soared about 29% before the bell today after the enterprise software company forecast booked revenue from its core cloud business to exceed half a trillion dollars over the next few ...
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