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Oracle Shares Rally to ATH after Posting Better than Expected Quarterly Results Fueled by AI Boom

Oracle stock market has rallied about 50 percent YTD to trade around $122.22 during Wednesday’s after-hours, it is moving to ATH.

Safra catzLarry ellisonKash ranganSteve muchokiNvidia corporationMicrosoft corporationOracle corporationSalesforce incGoldman sachsMarket outlookWall streetOracle chairman

Oracle forecast revenue to grow 8% in first-quarter

Oracle Corporation, which competes with Amazon, Microsoft and Google, said revenues rose 17 percent to $13.8 billion in fiscal 2023 Q4.

Larry ellisonSafra catzOracle corporationOracle chairman

Oracle Announces Fiscal 2023 Fourth Quarter and Fiscal Full Year Financial Results

FY 2023 Total Revenue $50.0 billion, up 18% in USD, up 22% in constant currency Q4 GAAP Earnings per Share $1.19, Non-GAAP Earnings per Share $1.67 Q4 Total.

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Amazon says cloud business will benefit from an A I deluge

Amazon CEO Andy Jassy is banking that a new crop A.I. customers will run their LLMs and other machine learning models on AWS computing horsepower.

Brian olsavskyLarry ellisonZion market researchOracle chairman

Larry Ellison Becomes Oracle s Chairman & CTO : TechMoran

Larry Ellison Becomes Oracle s Chairman & CTO : TechMoran
techmoran.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techmoran.com Daily Mail and Mail on Sunday newspapers.

Larry ellisonMichael boskinSafra catzMark hurdJeff henleyTechnology officerOracle corporationOracle boardExecutive chairmanChief technologyVice chairmanOracle chairmanPresiding director
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