Oracle Earnings Reflect Cloud Strength
Oracle's revenue and net income drooped, but the numbers for its cloud services are stunning, and multicloud integration with Google impressed investors
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Oracle reports strong Q4 with cloud IaaS revenue surging 52% YoY to $3 billion
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Oracle's massive cloud and AI infrastructure spending poses significant financial risk
I've watched plenty of companies chase a hot trend and spend their way into trouble.
bit.ly·1mo agoOracle's massive cloud and AI infrastructure spending poses significant financial risk
I've watched plenty of companies chase a hot trend and spend their way into trouble.
bit.ly·1mo ago
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