ORCL Jun 2024 119.000 call
- Barrons.com
Safra Catz Pushed Oracle Into the Cloud and Turned Competitors Into Customers
For at least four years, Oracle CEO Safra Catz and founder Larry Ellison have been telling investors that the enterprise software company’s business was about to leave behind a stretch of lackluster growth, thanks to a major push into cloud computing. Oracle has become a major player in both cloud computing and artificial intelligence, steadily adding marquee names to its list of cloud customers. In reporting financial results for the May quarter, for instance, Oracle announced new deals to provide cloud computing capacity to both OpenAI and its partner Microsoft, and to Google Cloud.
- Simply Wall St.
Oracle Corporation (NYSE:ORCL) is largely controlled by institutional shareholders who own 44% of the company
Key Insights Institutions' substantial holdings in Oracle implies that they have significant influence over the...
- Zacks
Oracle (ORCL) Expands Cloud Presence in Spain With $1B Outlay
Oracle (ORCL) announces plans to invest more than $1 billion to establish a third cloud region in Madrid, Spain.
