Oracle posted sales of $2.4 billion for its cloud infrastructure business in its Q2 fiscal year 2025 earnings this week, an increase of 52 percent Year-over-Year (YoY).
Sales from Oracle’s closely watched cloud infrastructure business jumped 52% to $2.4 billion, in line with the growth projected by analysts. The stock slipped about 8.5% in early trading on ...
"While the Oracle Cloud momentum was encouraging, consistent expense discipline coupled with improving margins across cloud applications and infrastructure was equally encouraging," Bracelin added.
These declines in core segments suggest Oracle's legacy business continues to erode, raising questions about long-term sustainability. Despite management's optimistic rhetoric about cloud growth ...
Oracle Corp. today announced a limited preview of its Exadata Database offering on the Amazon Web Services Inc. cloud. The announcement makes good on plans Oracle announced in September that ...