Shares of Oracle Corp. closed 4% higher today following reports that it’s negotiating a $20 billion deal to provide Meta Platforms Inc. with cloud infrastructure. Sources told Reuters that the ...
Oracle said in its earnings report that remaining performance obligations jumped 359% from a year earlier. The company now sees $144 billion in cloud infrastructure revenue in the 2030 fiscal year, up ...
Oracle stock slipped on Tuesday after a report from The Information that raised questions about the company's plans to buy billions of Nvidia chips to rent as a cloud provider to clients like OpenAI.
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Oracle Reports Lackluster Results, Damping Cloud Enthusiasm
(Bloomberg) -- Oracle Corp. reported disappointing quarterly results and gave a sales and profit forecast for the current ...
Meta Platforms (NASDAQ:META) is reportedly considering the use of Oracle's (NYSE:ORCL) cloud services for training and deploying artificial intelligence models in a multiyear deal worth approximately ...
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