Oracle expects cloud infrastructure revenue to be $166 billion in fiscal 2030, one of its two CEOs said on Thursday.

The tech giant raised its long-term financial targets and projected strong cloud margins, reassuring investors that its ...

Jefferies analysts raised PT to $400 from $360 and reiterated a "Buy" rating, saying Oracle is entering “a new growth phase” ...

The company also updated its revenue forecast for its AI cloud server-rental business, Oracle Cloud Infrastructure.

Oracle said its Oracle Cloud Infrastructure business is now on track for $166 billion in revenue by the company's fiscal 2030 ...

The company is leaning on the chipmakers to amplify its Oracle Cloud Infrastructure offerings as AI demand grows.

Oracle's cloud business is accelerating. Its remaining performance obligations grew 359% year over year last quarter to $455 ...

For years, Oracle has found itself solidly in the second tier of cloud providers, well behind the top three of Amazon Web ...

Oracle is surging as a top AI cloud stock. Read here for ORCL stock's growth forecasts, market positioning, and why now may ...

AMD's new Instinct MI450 GPUs will be onboard AMD's Helios rack systems, alongside AMD Epyc "Venice" CPUs and Pensando ...

Cloudflare is set to integrate its connectivity cloud platform with Oracle Cloud Infrastructure (OCI). The Cloudflare platform will be natively available on OCI, including across hybrid, multicloud, ...