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Oracle secured a cloud contract over $30 billion annually, one of the largest in cloud history, starting fiscal 2028.
The company has signed “multiple large cloud services agreements,” she said, adding that revenue from Oracle’s namesake database that runs on other clouds continues to grow more than 100%. The ...
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 Corp_ logo on phone-by WonderPix via Shutterstock. Oracle (ORCL) recently reached a new 52‑week high, driven by ...
With Oracle's revenue set to soar on GPU deals and cloud growth, investors are betting big, but profitability and valuation ...
Oracle's cloud deals worth $30Billion could make it a leading player in hyperscale cloud. Analysts see long-term growth ...
Oracle Corporation (NYSE:ORCL) is one of the AI Stocks in the Spotlight Today. On July 14, Evercore ISI analyst Kirk Materne ...
Oracle will develop multiple data centers across the US with partners, Bloomberg reports. The existing Abilene, Texas, data ...
The company’s recent cloud-services agreements should strengthen its position and improve confidence in the company’s ...
Oracle also said it will invest $2 billion in its Frankfurt cloud region, in Germany, over a five-year period.
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 ...