Oracle expects sales to grow 15% in the next fiscal year, thanks in large part to AI and cloud businesses
2025-03-11 23:40:45

Oracle Corp. on Tuesday forecast sales to grow 15% in the next fiscal year, driven by expansion of cloud services and investments in artificial intelligence. The guidance beat analysts' estimates of 12.6% growth, according to London Stock Exchange Group (LSEG). Oracle is catching up with Microsoft Corp. and Amazon.com Inc. in market share by integrating AI into its cloud solutions and developing its data center infrastructure.
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