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On Wednesday, Oracle (ORCL) announced quarterly results that featured the news that the company signed not one, but four multibillion-dollar contracts related to its artificial intelligence ...
Oracle's overall revenue increased 12% to $14.93 billion, which missed the $15.04 billion analyst consensus by less than 1%. Cloud revenue jumped 28% to $7.2 billion. Within the cloud segment, cloud ...
Oracle's stock surge is driven by AI hype, but revenue challenges and concentration risks suggest it’s overvalued. Click for ...
For Oracle’s recent stock rally to make sense, the company will have to approach Nvidia’s unprecedented run of success.
The artificial intelligence facilitator is seeing growing demand as a result of the innovative new technology.