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
Foto https://www.facebook.com/Oracle/photos?locale=ro_RO
Always see our news on Google
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
Latest News
22:59
An Indian cargo ship sank in the Red Sea after an attack by Houthi rebels.
22:44
PHG Media Invest is in court against CNA for sanctions applied to Realitatea Plus
22:31
Unit 2 of the Cernavodă Nuclear Power Plant is operating normally under drought conditions.
22:16
Cuba: The UNE Company has announced the restoration of the national electric system, but many areas remain without power.
21:53
The Italian state, required to pay 260,000 euros to a Romanian woman illegally deprived of her liberty.
See more news
NEWS ON THE SAME TOPICS
Economy
Oracle has reduced its workforce by 13%, in the context of integrating artificial intelligence.
.webp)
International
Alphabet announces the sale of shares up to 80 billion dollars to finance the development of artificial intelligence
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
