Oracle is forecasting its cloud infrastructure revenue will soar to $166 billion by fiscal 2030, potentially accounting for nearly three-quarters of its total ...

Oracle expects its cloud infrastructure business to bring in $166 billion by fiscal 2030, nearly three-quarters of total ...

Oracle ($ORCL) stock gained about 5% after revealing a new financial outlook for its fast-growing AI infrastructure business.

Oracle has put forth a bullish forecast for its future, projecting that its Cloud Infrastructure revenue will soar to $166 billion by 2030.

Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up ...

Oracle last month was reported to discuss with Meta for a multi-year cloud computing deal worth about $20 billion. Under the ...

Oracle confirmed Meta as a major cloud customer and announced $65 billion in new infrastructure commitments across four ...

Oracle projects cloud infrastructure revenue will explode from $10 billion to $144 billion by 2030, outpacing AWS and Azure at comparable stages. The company's $455 billion backlog and ...

Oracle Corporation (NYSE: ORCL) sets aggressive long-term growth targets for its cloud and AI infrastructure, with strong ...

Oracle Corp. fell the most in almost nine months after giving its long-range financial outlook, suggesting investors ...

Shares of enterprise software major Oracle climbed 3.4% early Wednesday, rebounding from the previous day’s 3% decline.