Tag Archives: cloud

OpenAI and Oracle reportedly ink historic cloud computing deal

OpenAI and Oracle reportedly ink historic cloud computing deal

Oracle sent its shares soaring after markets closed yesterday after reporting that it signed multiple multi-billion-dollar contracts with several customers. Now, we have an idea of who those customers might be. Oracle signed a deal with OpenAI for the AI company to purchase $300 billion worth of compute power over a span of about five years, according to reporting from …

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Oracle shares soar on $144 billion AI cloud revenue forecast – Quartz

Oracle shares soar on $144 billion AI cloud revenue forecast  Quartz Oracle stock soars after CEO says AI-fueled cloud revenue set to jump to $144 billion  Yahoo Finance Oracle Shares Skyrocket as Backlog Swells With Big Customer Deals  The Wall Street Journal ‘We’re all kind of in shock.’ Oracle’s revenue projections leave analysts slack-jawed  CNBC Oracle Shares Jump to Record High on Bullish Cloud …

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US consumer finances stay robust even as jobs data cloud economic outlook, bankers say

US consumer finances stay robust even as jobs data cloud economic outlook, bankers say

NEW YORK (Reuters) -U.S. consumers remain in good financial health and there are little signs of credit quality deterioration, according to the nation’s top banking executives, despite data showing the job market is cooling off. Leaders from Bank of America, Citigroup and Wells Fargo told investors this week that consumers were continuing to spend money and mostly pay their debts …

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Oracle boosts cloud infrastructure revenue forecast, shares jump 23% – Reuters

Oracle boosts cloud infrastructure revenue forecast, shares jump 23%  Reuters Oracle pops 27% on cloud growth projections even as earnings miss estimates  CNBC Oracle stock soars as CEO says AI-fueled cloud revenue set to soar to $144 billion  Yahoo Finance Oracle Sets the Date for its First Quarter Fiscal Year 2026 Earnings Announcement  Oracle – Investor Relations Oracle on Pace to Add $190 Billion …

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Oracle boosts cloud infrastructure revenue forecast, shares jump 23%

Oracle boosts cloud infrastructure revenue forecast, shares jump 23%

(Reuters) – Oracle said on Tuesday it expects revenue in its Oracle Cloud Infrastructure business to grow 77% this year, from earlier projections of 70%, boosted by growing cloud demand and sending its shares up 23% after the bell. The company forecasts OCI revenue to rise 77% to $18 billion this fiscal year and on to $144 billion over the …

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Nebius’ stock is surging. Why Microsoft just inked a deal with the cloud company. – MarketWatch

Nebius’ stock is surging. Why Microsoft just inked a deal with the cloud company.  MarketWatch Nebius shares soar 51% in premarket on Microsoft AI deal  CNBC Nebius Soars as Microsoft Deal Validates CEO’s Russian Breakup  Bloomberg.com Nebius jumps on $17.4-billion AI computing deal with Microsoft  Yahoo Finance Nebius signs $17.4 billion AI infrastructure deal with Microsoft, shares jump  Reuters Source link

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Microsoft Signs Nebius Cloud Deal for as Much as $19.4 Billion – Bloomberg.com

Microsoft Signs Nebius Cloud Deal for as Much as $19.4 Billion  Bloomberg.com Nebius’ stock soars 60% on multibillion-dollar AI infrastructure deal with Microsoft  CNBC Nebius signs $17.4 billion AI infrastructure deal with Microsoft  Reuters Microsoft inks AI infrastructure deal worth up to $19.4B with data center company Nebius  GeekWire Nebius signs $17.4 billion dollar AI infrastructure deal with Microsoft  Yahoo Finance Source link

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Microsoft says Azure cloud service disrupted by fiber cuts in Red Sea – Reuters

Microsoft says Azure cloud service disrupted by fiber cuts in Red Sea  Reuters Undersea cables cut in the Red Sea, disrupting internet access in Asia and the Mideast  NBC News Internet disruptions in Middle East and South Asia after Red Sea cable cuts  Al Jazeera Microsoft Says Azure Service Affected by Damaged Red Sea Cables  Bloomberg.com Microsoft cloud services disrupted by Red Sea cable …

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