Oracle reports Q4 revenue up 3% YoY to $14.29B, vs. $14.55B est., net income down 5% to $3.14B, announces deals with Google and OpenAI; ORCL jumps 7%+
Oracle shares jumped as much as 9% in extended trading on Tuesday after the software maker announced cloud deals with Google and OpenAI …
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Discussion
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@oracle
@oracle
on x
We've partnered with @GoogleCloud to change the game in multicloud! Learn about the new Oracle Database@Google Cloud and our 11 new cross-cloud interconnect regions: https://social.ora.cl/... [image]
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@ericjhonsa
Eric Jhonsa
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$ORCL says on its call it expects IaaS revenue to grow faster in FY25 than the 50% rate it saw in FY24, and (notably) for capex to probably double from FY24's $6.9B. [image]
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@googlecloudtech
@googlecloudtech
on x
We've teamed up with @Oracle to simplify cloud adoption with Oracle Database@Google Cloud-helping customers migrate faster, take advantage of advanced services like Exadata and Autonomous Database, and more → https://cloud.google.com/... [video]
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@thomasortk
Thomas Kurian
on x
Google Cloud's new partnership with Oracle provides a path for the world's largest enterprises to use next generation cloud and AI by combining Oracle Cloud database and Google Cloud services. https://cloud.google.com/...
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@quinnypig
Corey Quinn
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After they sold their domains business (and customer data) to Squarespace I asked how long it would be until Google Cloud got bored of running relational databases and sold those customers to Oracle. You all thought I was kidding.
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@oracle
@oracle
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Google Cloud 🤝 Oracle