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Oracle’s cloud success has made it a controversial stock. Here’s the latest source of debate.
While there are questions about a contract that will ultimately add more than $30 billion in revenue annually, Bernstein analysts think the arrangement will bring Oracle closer to its larger cloud competitors.
Can ORCL Stock Go to $300 as $30 Billion Cloud Deal Triggers Oracle Rally?
Oracle Corporation (NYSE: ORCL) rallied after the announcement of a cloud services agreement that would lead to over $30 billion in annual revenue starting in FY 2028. This is part of many larger cloud deals signed recently that have caused ORCL stock to surge by 31% year-to-date.
During the earnings call, CEO Safra Catz said, "Our infrastructure business was the next area to move to the cloud. We made ...
Oracle Corporation (NYSE:ORCL) is one of the 10 Buzzing AI Stocks on Wall Street Right Now. On July 1, Citizens JMP analyst ...
Oracle announced a new cloud agreement. Plus, a Stifel analyst is freshly optimistic about the revenue opportunities ahead of ...
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Oracle is still much smaller than the big three cloud computing players ( Amazon, Alphabet, and Microsoft ), but it's growing ...
Oracle Corp. today disclosed that it has won a cloud contract worth more than $30 billion annually. Shares of the company ...
Oracle Corporation (NYSE:ORCL) stock rose 7% in premarket trading after CEO Safra Catz indicated the company is experiencing a strong start to fiscal year 2026, with continued robust growth in its ...
Oracle Corp. firmó un acuerdo de servicios en la nube que espera que aporte más de US$30.000 millones en ingresos anuales a ...
Oracle Corporation (NYSE:ORCL) is one of the 10 AI Stocks Making Waves on Wall Street. On June 30, Stifel upgraded the stock ...
Oracle Corp (NYSE:ORCL) shares are hitting new highs on Monday after the company's CEO provided bullish commentary on the ...
Shares of Oracle Corp. ORCL slid 2.11% to $210.72 Wednesday, on what proved to be an all-around mixed trading session for the ...
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