Oracle signed a cloud services contract worth $30 billion a year which will start hitting its books in fiscal year 2028, reflecting "skyrocketing" demand.

Oracle will more than double its current annual cloud revenue in 2028 when a new mystery contract comes into play.

Oracle Corp_ logo on phone-by WonderPix via Shutterstock. Oracle (ORCL) recently reached a new 52‑week high, driven by ...

Oracle also said it will invest $2 billion in its Frankfurt cloud region, in Germany, over a five-year period.

Oracle Corporation (NYSE:ORCL) is one of the AI Stocks in the Spotlight Today. On July 14, Evercore ISI analyst Kirk Materne ...

Oracle's cloud deals worth $30Billion could make it a leading player in hyperscale cloud. Analysts see long-term growth ...

Oracle announced on Tuesday it will invest $3 billion over 5 years in AI and cloud infrastructure across Germany and the ...

The company’s recent cloud-services agreements should strengthen its position and improve confidence in the company’s ...

OpenAI will lease approximately 4.5 gigawatts of data centre power from Oracle under a $30 billion‐per‐year agreement set to ...

Oracle has shared plans to invest $3 billion over the next five years to expand its AI and cloud infrastructure in Germany and the Netherlands, with Germany ...

Even when considering a slightly longer timeframe, ORCL stock has skyrocketed an astonishing 3x since early 2023, propelled by three key ...

Oracle will invest $3 billion in Germany and the Netherlands over the next five years to bolster its infrastructure powering ...