Cloud Computing

Oracle's Cloud Empire Soars: AI Contracts Drive Staggering Growth and Massive Infrastructure Investment

Oracle

Oracle's Cloud Empire Soars: AI Contracts Drive Staggering Growth and Massive Infrastructure Investment

Redwood Shores, CA – Oracle (NYSE: ORCL) has delivered an "astonishing" start to its Fiscal Year 2026, with Q1 results showcasing robust cloud revenue growth and an unprecedented surge in Remaining Performance Obligations (RPO). This monumental increase in future revenue commitments, largely driven by multi-billion-dollar AI-related cloud contracts, underscores

By MarketMinute