Oracle is joining the Cloud Security Notification Framework project (CSNF), an initiative looking to develop a standardized framework for dealing with cloud security issues in enterprise environments, ...
Oracle Corporation ORCL reached a critical inflection point with its Oracle Database@AWS launch, completing partnerships across all major hyperscalers, including Amazon AMZN, and positioning the ...
IT buyers like the operational flexibility that the public cloud provides. Capital expenditures go away. OpEx becomes predictable. Resources are available on-demand, with near-endless scalability.
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 ...
KeyBanc expects Oracle's cloud capex conversion rates to outperform AWS and Azure, signaling growth potential.
Oracle Corp. today disclosed that it has won a cloud contract worth more than $30 billion annually. Shares of the company jumped almost 9% on the news at one point. It ended the trading session up 4%.
Citi’s Tyler Radke raised his Oracle price target to $415, citing strong AI infrastructure demand and resilient cloud growth ...
Here's everything we know about the biggest AI infrastructure projects, including major spending from Meta, Oracle, Microsoft ...
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Oracle stock fell 5% after reports of weak 14% margins on $900 million in Nvidia cloud sales
Oracle dropped 5% on Tuesday, and it wasn’t random. Investors got spooked after The Information dropped a report exposing ...
Oracle had 14% gross margins on $900 million in sales in its Nvidia cloud business in the three months ending in August, according to the report.
Oracle has recently laid off over 150 employees from its cloud division, primarily affecting professionals in the Seattle area. This restructuring is aimed at managing the rising costs associated with ...
Oracle’s share price dropped by the largest amount earlier this week since 2002, dropping 12% which compares against the 15% drop the stock experienced as the entire tech sector exploded in the ...
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