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Oracle signed a cloud services contract worth $30 billion a year which will start hitting its books in fiscal year 2028, reflecting "skyrocketing" demand.
Oracle will more than double its current annual cloud revenue in 2028 when a new mystery contract comes into play.
Oracle secures historic $30B annual cloud contract, potentially tripling infrastructure revenue and reshaping competition ...
Oracle Corporation (NYSE:ORCL) is one of the AI Stocks in the Spotlight Today. On July 14, Evercore ISI analyst Kirk Materne ...
The identity of the customer behind this landmark deal remains undisclosed, but the scale is remarkable: the contract's yearly value is nearly triple the $10.3 billion ...
Multiple news outlets have confirmed that the eye-popping, $30 billion-a-year contract that Oracle revealed earlier this week is with artificial intelligence ...
Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory ...
Oracle's share price soared after a surprise SEC filing revealed a potential $30 billion annual cloud deal starting in 2028, showcasing strong growth expectations driven by cloud services and AI ...
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 ...
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.
AUSTIN] Oracle said it has signed a single cloud deal worth US$30 billion in annual revenue – more than the current size of its entire cloud infrastructure business. Read more at The Business Times.