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Oracle forecasts over $500 bn revenue as cloud demand skyrockets - What it means for Indian IT companies - EXPLAINED

Oracle has stunned Wall Street with a forecast that its booked revenue from Oracle Cloud Infrastructure (OCI) will exceed $500 billion in the coming quarters, reported Reuters. The company’s remaining ...
Morningstar

Oracle's stock surges toward its best day since 1999. These huge numbers explain why.

While the latest earnings and revenue numbers come up short, Oracle impresses with its talk of new multibillion-dollar deals and big cloud projections Oracle's stock soared in after-hours trading on ...
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Explained: What's behind the Oracle rally

Oracle’s stock lifted Wall Street on Wednesday, soaring about 36% for its biggest single-day gain since 1992. The surge propelled CEO Larry Ellison to become the richest person in the world, ...