Oracle's (ORCL) Expanding Partner Base to Boost Cloud Revenues

Oracle (ORCL) has expanded its partner base by collaborating with key companies like Microsoft (MSFT) and Alphabet (GOOGL) . These key partnerships are expected to boost the company’s cloud services and license revenues in the upcoming quarters.The Zacks Consensus Estimate for ORCL’s fiscal 2024 cloud services and license revenues is pegged at $47.81 billion, indicating year-over-year growth of 35.4%. The Zacks Consensus Estimate for 2024 earnings is pegged at $5.58 per share, indicating year-over-year grow ...