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Oracle's revenue for the fourth quarter jumped about 17% to $13.84 billion, beating analysts' estimates of $13.74 billion, according to Refinitiv. Cloud revenue rose 54% to $4.4 billion.
Oracle Corp. has cut more than 150 jobs in its cloud division, a move that underscores the balancing act tech companies face ...
The Public Cloud Infrastructure Managed Service Market was valued at USD 60 billion in 2024 and is poised for significant expansion over the coming years. Driven by increasing enterprise adoption of ...
Quarterly revenue at Oracle's largest unit, cloud services and license support, came in at $11.70 billion, a 14% increase from last year.
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Edex Live on MSNOracle slashes cloud division jobs as AI spending goes up
According to a report by Moneycontrol, Oracle, a technology company that provides products and services primarily focused on ...
During the previous quarter, revenue from cloud services and license support rose to $11.7 billion, exceeding the Street’s target of $11.59 billion, while cloud and on-premises license revenue ...
The Texas-based company's cloud services quarterly revenue rose 14% to $11.70 billion. Its overall revenue of $15.90 billion beat estimates of $15.59 billion.At least nine brokerages have raised ...
One of the significant advantages of Compute Cloud@Customer lies in its scalability and adaptability. In fact, businesses can flexibly deploy Oracle Cloud services in a diverse range of ...
Oracle beat estimates for quarterly results and forecast second-quarter revenue growth above estimates on Monday, boosted by growing demand for its cloud offerings, sending its shares up over 9% ...
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