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Oracle secures historic $30B annual cloud contract, potentially tripling infrastructure revenue and reshaping competition ...
Oracle Corp. signed a cloud services deal that it expects to contribute more than $30 billion in annual revenue starting in the fiscal year 2028.The contract was revealed in a regulatory filing Monday ...
With Oracle's revenue set to soar on GPU deals and cloud growth, investors are betting big, but profitability and valuation ...
Multiple news outlets have confirmed that the eye-popping, $30 billion-a-year contract that Oracle revealed earlier this week is with artificial intelligence ...
Oracle Corp_ logo on phone-by WonderPix via Shutterstock. Oracle (ORCL) recently reached a new 52‑week high, driven by ...
Nevertheless, $30 billion in extra annual revenue is big news for Oracle. As of fiscal year 2025, Oracle's total cloud revenue was just $24.4 billion – less than this single mystery contract.
Oracle also said it will invest $2 billion in its Frankfurt cloud region, in Germany, over a five-year period.
Oracle has signed a game-changing $30B annual cloud deal set to kick in by FY2028. With booming cloud growth, major AI ventures like Stargate, and a massive $138B sales backlog, Oracle is quickly ...
Oracle Corporation (NYSE:ORCL) is one of the AI Stocks in the Spotlight Today. On July 14, Evercore ISI analyst Kirk Materne ...
The American software corporation Oracle has secured a cloud contract with annual revenues of $30 billion (approximately 40.62 trillion won). According to Bloomberg News and U.S. economic media ...
Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory ...
(Bloomberg/Brody Ford) — Oracle Corp. signed a cloud services deal that it expects to contribute more than $30 billion in annual revenue starting in the fiscal year 2028. The contract was ...