Jeremy Vasquez’s Post

#Oracle Corporation (NYSE: ORCL) has announced impressive Q3 results for fiscal year 2024. One of the key drivers behind this success has been the demand for its Gen2 AI infrastructure, which substantially exceeds supply. Despite opening new and expanding existing cloud data centers rapidly, Oracle expects to continue receiving large contracts reserving cloud infrastructure capacity. This is excellent news for enterprise cloud customers who are integrating artificial intelligence technology and innovation. Check out the link to learn more about Oracle's outstanding results: https://lnkd.in/g3ut2P5w #AI #cloudcomputing #Oracle #enterprise

Great news for Oracle and Oracle customers! Further confirmation of the value Oracle Cloud Applications and Cloud Infrastructure brings to customers across the complete enterprise- to all industries and to organizations of any size.

We're absolutely buzzing to share that Oracle has smashed expectations with its recent quarterly earnings, showing a fantastic 13% jump in shares after hours! Their performance, especially in cloud services and AI, has been nothing short of stellar. With significant deals in the pipeline and a robust forecast, it's clear Oracle is on a roll. Here's to reaching new heights and proving the sky's the limit! 🚀 #OracleSuccess #TechInnovation

Is this not enough reason to look at alternative or third-party Oracle support. Software support is one of the biggest income streams for Oracle. And what do customers get for this loyal support…. Just another 8 % increase in customer cost. 8% when business are strugling to reduce operational cost to ensure their own share pice does not decline. Definitely the right time to talk to Anykey Trchnologies to not only assist in reducing this line cost by as much as 40 % but to also move away from this contnious increase without added business benefit

Well, well, well! We must be doing something right. Cloud revenue is up across the board by 25%. It is inspiring to see this indeed. If you are attending Cloud World Tour London this Thursday I am sure you will hear firsthand from the customers benefiting from their respective 'ground to cloud' journeys, and how they get there with the help of the Oracle partner network. #multicloud #oci #tcs #pwc #accenture #database #dataandanalytics

Oracle Stock Climbs On $104 Billion FY29 Revenue Forecast: What To Know by Erica Kollmann via News ([Global] oracle cloud) URL: https://ift.tt/2iZnXtl Oracle Corp. (NYSE:ORCL) shares are trading higher Friday after the company said annual revenue will rise to at least $104 billion in fiscal year 2029. The Details: According to a Bloomberg report, Executive Vice President Doug Kehring delivered the forecast at Oracle's annual briefing for financial analysts on Thursday. Oracle also raised its revenue outlook for fiscal year 2026 to at least $66 billion, up from the prior target of $65 billion, as the company expands its cloud infrastructure business. Read Next: What’s Going On With AST SpaceMobile Stock? Collaborations with AWS, Microsoft and Google have boosted Oracle’s cloud infrastructure unit, with the segment posting a 45% revenue increase in ... Full story available on Benzinga.com https://ift.tt/Nnli4jr

Oracle Stock Climbs On $104 Billion FY29 Revenue Forecast: What To Know by Erica Kollmann via News ([Global] oracle cloud) URL: https://ift.tt/2iZnXtl Oracle Corp. (NYSE:ORCL) shares are trading higher Friday after the company said annual revenue will rise to at least $104 billion in fiscal year 2029. The Details: According to a Bloomberg report, Executive Vice President Doug Kehring delivered the forecast at Oracle's annual briefing for financial analysts on Thursday. Oracle also raised its revenue outlook for fiscal year 2026 to at least $66 billion, up from the prior target of $65 billion, as the company expands its cloud infrastructure business. Read Next: What’s Going On With AST SpaceMobile Stock? Collaborations with AWS, Microsoft and Google have boosted Oracle’s cloud infrastructure unit, with the segment posting a 45% revenue increase in ... Full story available on Benzinga.com https://ift.tt/Nnli4jr

Three problems with Oracle earnings today...."Oracle’s cloud services and license support segment, its largest business, saw sales rise 12% to $9.96 billion, slightly beating StreetAccount consensus expectations". Problems.... First, how much of this number was cloud and how much was technical support? Second, you force a 8% support increase to your customers and only get a 12% gain? Third, "Cloud license and on-premise sales declined 3%". Having said all that, they are a money making machine! AND I wish Palisade Compliance had these earnings to report. 🤠

Oracle Jumps Over 8% In Pre-Market: What's Driving The Stock Higher? by Benzinga Neuro via Pre-Market Outlook ([Global] oracle cloud) URL: https://ift.tt/KxYomdc Shares of Oracle Corp. (NYSE:ORCL) surged over 8% in pre-market trading on Tuesday, following the announcement of robust first-quarter results and strategic partnerships with Google Cloud and AWS. What Happened: Oracle’s first-quarter earnings per share stood at $1.39, surpassing the analysts’ consensus estimate of $1.32 by 5.3%. The company’s quarterly revenue also beat expectations, reaching $13.307 billion, a 6.86% increase year-over-year. At the time of writing, Oracle was ... Full story available on Benzinga.com https://ift.tt/N9WmqpA

Oracle Jumps Over 8% In Pre-Market: What's Driving The Stock Higher? by Benzinga Neuro via News ([Global] oracle cloud) URL: https://ift.tt/KxYomdc Shares of Oracle Corp. (NYSE:ORCL) surged over 8% in pre-market trading on Tuesday, following the announcement of robust first-quarter results and strategic partnerships with Google Cloud and AWS. What Happened: Oracle’s first-quarter earnings per share stood at $1.39, surpassing the analysts’ consensus estimate of $1.32 by 5.3%. The company’s quarterly revenue also beat expectations, reaching $13.307 billion, a 6.86% increase year-over-year. At the time of writing, Oracle was ... Full story available on Benzinga.com https://ift.tt/N9WmqpA