Massive News for Oracle Stock Investors
Oracle(ORCL) The Motley Fool·2024-06-15 22:05Oracle stock has been picking up momentum...Oracle (ORCL -1.23%) isn't the biggest cloud services provider around, but it's one of the fastest-growing right now -- and the company, once most known for database management, is going all-in on developing its cloud presence and serving artificial intelligence (AI) customers. The efforts are working, with demand and cloud infrastructure revenue soaring in recent times.In fact, in Oracle's quarterly report this week, the company announced a 42% increase in cloud ...