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Oracle Reports Strong Bookings, Signaling Further Cloud Momentum

(Bloomberg) Oracle Corp. reported better-than-expected bookings and announced partnership deals with tech rivals, giving a boost to Chairman Larry Ellison’s effort to redefine the software maker as a major competitor in the business of cloud computing. The shares gained more than 9% in extended trading.Most Read from BloombergHunter Biden Convicted of Gun Charges by Jury in DelawareApple Hits Record After Introducing ‘AI for the Rest of Us’Dozens of CVS Generic Drug Recalls Expose Link to Tai

New yorkUnited statesSafra catzBloomberg businessweekMicrosoft corpAlphabet incBloomberg oracle corpOracle cloudExecutive officer safra catz

Oracle Reports Strong Bookings, Signaling Further Cloud Momentum

Oracle Reports Strong Bookings, Signaling Further Cloud Momentum
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesAnurag ranaLarry ellisonSafra catzElon muskAlphabet incMicrosoft corpSalesforce incWorkday incBloomberg oracle corpOracle cloudExecutive officer safra catz

Oracle Posts Biggest Gain Since 2021 on Cloud Revenue Growth

CEO Safra Catz said the company is "rapidly" building more data centers to meet demand for cloud computing.

New yorkUnited statesSafra catzJohn difucciLarry ellisonBrent thillMicrosoft corpAlphabet incBloomberg oracle corporationExecutive officer safra catzWall streetChairman larry ellison

Oracle Jumps After Big Cloud Contracts Spur Bookings Growth

Oracle Jumps After Big Cloud Contracts Spur Bookings Growth
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Safra catzBloomberg businessweekBrent thillLarry ellisonOracle corpAlphabet incMicrosoft corpExecutive officer safra catzWall streetChairman larry ellison

Oracle Posts Biggest Gain Since 2022 on Cloud Revenue Growth

(Bloomberg) Oracle Corp. shares posted their biggest intraday gain in almost two years after reporting a spike in bookings in its cloud computing business, showing progress in its bid to capture more of the competitive market.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapChina Has Never Canceled This Many Shipments of US WheatNY Says Trump Should Post Full Bond During Fraud Case AppealUS Cor

New yorkUnited statesJohn difucciLarry ellisonSafra catzBloomberg businessweekBrent thillMicrosoft corpAlphabet incBloomberg oracle corpExecutive officer safra catzWall streetChairman larry ellisonCloud computingData centersSafra catz

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