Oracle expects its cloud infrastructure business to bring in $166 billion by fiscal 2030, nearly three-quarters of total sales.

Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up nearly 75% of its total sales by then. Chief Executive Officer Clay Magouyrk ...

More than 80% of enterprises use a combination of Microsoft and Oracle to run their business. As organizations look to move those computing workloads out of their own data centers and into the cloud, ...

Oracle (ORCL) said its Oracle Cloud Infrastructure business is now on track for $166 billion in revenue by the company's fiscal 2030, up from just $10 billion in fiscal 2025. That works out to a ...

Even in its fourth-place position, Oracle clearly sees an opportunity to differentiate from competitors, based on its core database IP and a focus on high-performance applications. There are quite a ...

Oracle is set to report its earnings results, with analysts predicting a 7% increase in revenues compared to the previous year. The company's cloud computing business is expected to be a major driver ...

Oracle Corp. (NYSE:ORCL) is one of the best stocks to buy according to Citadel LLC. On October 20, BMO Capital Markets analyst Keith Bachman reaffirmed his Outperform rating and unchanged price target ...

Oracle Chief Executive Officer Larry Ellison unveiled a high-end server with more memory Sunday evening, and the tech company updated its flagship database to compete against SAP in meeting businesses ...

Wall Street analysts are big fans of Oracle ( ORCL 0.91%). Across the 43 analysts that currently cover the stock, most of the ...

Oracle has always had a swagger that reflects the public persona of its bombastic leader, Larry Ellison, but over the last several years, as the company has transitioned to the cloud, it has required ...

This article was originally published on the Motley Fool. Database giant Oracle is taking the gloves off. The shift to cloud computing threatens the company's core business, and it's been slow to ...

Oracle stock (NYSE: ORCL) has dropped 7% in a day, currently priced at $257. This decline appears to be due to profit-taking ...