Oracle (NYSE:ORCL) announced on Friday that it expects to raise $45 billion to $50 billion in cash this year through a balanced mix of debt and equity financing. The funds will support expansion of its Oracle Cloud Infrastructure (OCI) to deliver on massive contracted demand for AI and cloud capacity from key customers including Advanced

The Air Force Life Cycle Management Center is overseeing the contracting activity.

Oracle stock still looks like a "Buy" with an intrinsic value of $220 and AI-driven cloud growth. Here's what investors need to know.

Cloud video conferencing company Zoom has seen a huge surge in demand since COVID-19 took hold and more people continue work from home. One of the companies that has become synonymous with the global lockdown restrictions put in place and the continuing ...

Oracle’s (NYSE:ORCL) profile in cloud infrastructure and cloud applications has grown alongside continued demand for large-scale computing linked to modern data and AI workloads, keeping the company in focus within major market benchmarks such as the S&P 500 and the Nyse Composite.

Total Revenue: $15.9 billion, up 11% from last year. Non-GAAP EPS: $1.70. GAAP EPS: $1.19. Total Cloud Revenue (SaaS + IaaS): $6.7 billion, up 27%. Total Cloud Services and License Support Revenue: $11.7 billion, up 14%. IaaS Revenue: $3 billion, up 52%.

Oracle Database 26ai embeds AI capabilities directly into production databases, enabling enterprises to deploy AI securely without moving data to external platforms.