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Oracle signed a cloud services contract worth $30 billion a year which will start hitting its books in fiscal year 2028, reflecting "skyrocketing" demand.
Oracle secures historic $30B annual cloud contract, potentially tripling infrastructure revenue and reshaping competition ...
Oracle Corp. signed a cloud services deal that it expects to contribute more than $30 billion in annual revenue starting in the fiscal year 2028.The contract was revealed in a regulatory filing Monday ...
The identity of the customer behind this landmark deal remains undisclosed, but the scale is remarkable: the contract's yearly value is nearly triple the $10.3 billion ...
Oracle Corporation (NYSE:ORCL) is one of the AI Stocks in the Spotlight Today. On July 14, Evercore ISI analyst Kirk Materne ...
Multiple news outlets have confirmed that the eye-popping, $30 billion-a-year contract that Oracle revealed earlier this week is with artificial intelligence ...
Nevertheless, $30 billion in extra annual revenue is big news for Oracle. As of fiscal year 2025, Oracle's total cloud revenue was just $24.4 billion – less than this single mystery contract.
Oracle has signed a game-changing $30B annual cloud deal set to kick in by FY2028. With booming cloud growth, major AI ventures like Stargate, and a massive $138B sales backlog, Oracle is quickly ...
Oracle's share price soared after a surprise SEC filing revealed a potential $30 billion annual cloud deal starting in 2028, showcasing strong growth expectations driven by cloud services and AI ...
Oracle Corporation (NYSE: ORCL) rallied after the announcement of a cloud services agreement that would lead to over $30 billion in annual revenue starting in FY 2028. This is part of many larger ...
Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory ...
AUSTIN] Oracle said it has signed a single cloud deal worth US$30 billion in annual revenue – more than the current size of its entire cloud infrastructure business. Read more at The Business Times.