s impressive rate of cloud revenue growth wasn’t enough to offset declines elsewhere in its business, and its stock headed lower in late trading after the company missed Wall Street’s earnings ...
but Wall Street continued to praise the IT giant nonetheless, amid continued growth in the cloud. "A fourth consecutive quarter of accelerating [current remaining performance obligations] growth ...
Oracle competes with cloud heavyweights such as Microsoft (MSFT) and Amazon (AMZN), which have established a large presence in the field. Wall Street expectations for AI-linked firms have been ...
but below Wall Street estimates of $14.11 billion, as per data compiled by LSEG. Oracle has been significantly investing in establishing new facilities, aiming to enhance its cloud infrastructure ...