Oracle has recorded a 40% increase in bookings following the reporting of record requests for its cloud services, estimating revenues of 18 billion dollars for 2026.
Călin Nicolescu
Economy
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Oracle's shares have spectacularly increased by 40% following the reporting of extraordinary figures related to the demand for its cloud services, placing it on the path to historic growth. The company is approaching a market capitalization of $1 trillion, estimating revenues of $18 billion from cloud infrastructure by 2026, with significant annual growth forecasts over the next four years. Analysts have been impressed by these results, describing the situation as "absolutely stunning."
Sources
Surpriză pentru investitorii din tehnologie: Acţiunile Oracle cresc cu 40%, marcând cea mai bună zi pe bursă din ultimii peste 30 de ani
Începe petrecerea la Oracle: Acţiunile au explodat pe burse cu 27% după ce compania a anunţat semnarea unor contracte de cloud de peste 400 mld. dolari
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