Oracle Up 3% on Meta Deal, Eyes $20B AI Revenue
Автор: VibeNews
Загружено: 2025-10-17
Просмотров: 99
Описание:
Oracle shares pop 3% Thursday after confirming a massive cloud deal with Meta and projecting $20B in AI database revenue by 2030!
New co-CEO Clay Magouyrk reveals $65B in cloud commitments from 4 customers (not just OpenAI's $300B+ pledge) in just 30 days. AI infra margins hit 30-40%, with 2030 targets of $225B revenue & $21 EPS crushing estimates—though stock dips 2% after hours.
#oracle #ai #cloudcomputing #meta #openai #tech #earnings #stockmarket #nvidia #innovation #bigtech #finance #vibenews #alchetron
Know more about Oracle : https://alchetron.com/Oracle-Corporation
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