Oracle's fiscal Q1 results were bolstered by a jump in cloud revenue. However, it is losing a big customer and earnings were boosted by an accounting change. The stock looks a bit pricey at current ...

Oracle sees total revenue growing to $225 billion in fiscal 2030 Adjusted profit seen at $21 per share in 2030 vs $18.92 LSEG estimate Expects adjusted gross margins of 30-40% in AI cloud computing ...

If you were concerned about slowing cloud infrastructure growth for a time in 2023, you can finally relax: The cloud was back with a vengeance this quarter. The market as a whole was up a healthy ...

(Reuters) -Alphabet shares rose more than 3% in early trading on Thursday as the Google parent's earnings underscored a key message to investors: AI spending is climbing, but so are the returns. The ...

AI-related sales now account for more than 20% of Alibaba Cloud’s revenue. AI workloads bring higher margins and stickier customer relationships. Alibaba’s competitive positioning remain strong in its ...