Oracle (ORCL) Rises Amid Strategic Collaboration with Amazon AWS
OracleOracle(US:ORCL) GuruFocus·2024-10-08 14:31

Oracle (ORCL, Financial) saw its stock increase by over 1.2%, reaching $172.02. The rise comes as Oracle announced a strategic partnership with Amazon's AWS. Together, they plan to launch the Oracle Database@Amazon Web Services. This new feature aims to provide enterprise users with streamlined database management, billing, and customer support services. A preview of this feature is expected to be available later this year, with plans to expand it to more markets by 2025 to meet enterprise demands. ...

Oracle (ORCL) Rises Amid Strategic Collaboration with Amazon AWS - Reportify