Oracle stock jumped roughly 4% Monday to hit a record closing high after the software giant disclosed that it inked new multibillion-dollar cloud services agreements.In a filing to the US ...

Oracle on Monday said it will continue to invest $2.4 billion per quarter in its cloud business, which accelerated 48% in the second quarter, helping the company revenue grow 25% year-on-year ...

Oracle said total revenue rose 9% to $12.45 billion, which essentially matched estimates at $12.47 billion. ... "Oracle Cloud Infrastructure revenue grew 66% in Q1, ...

Oracle raised its annual revenue growth forecast on Wednesday, betting on robust demand for its cloud offerings from companies deploying artificial intelligence, sending its shares up more than 7% ...

Oracle reported total cloud revenue of $6.2 billion, with SaaS revenue at $3.6 billion and IaaS revenue at $2.7 billion. IaaS revenue saw a 51% growth, driven by heightened AI demand.