Oracle’s Sales Miss Estimates Its Ceo Expects Ai Driven Growth
Oracle's cloud services segment posted revenue of $10. 81 billion,. Slim jim parent conagra brands sales, profit fall short. Oracles sales miss estimates. Oracle also increased its quarterly dividend to $0. 50 per share, up from $0. 40, reflecting confidence in its future growth driven by ai. Oracle ceo safra catz said revenue is expected to grow 15% in the fiscal 2026, which begins in june, and highlighted cloud agreements with ai leaders including nvida , meta , openai, and xai.
Oracle tops quarterly profit estimates on AI demand, shares surge | Reuters. Mia Castagnone | South China Morning Post. $INTC - Goldman (bear) raises estimates ahead of Intel Unleashed. Monday.com’s (NASDAQ:MNDY) Q4 Sales Top Estimates, Stock Jumps 19.6%. Printable Estimate Forms Free.
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Oracle has projected strong revenue growth for its fiscal years 2026 and 2027, driven by increasing demand for artificial intelligence computing. Ceo safra catz announced that the company expects. In q3 and q4, oracle signed the largest sales contracts in our historydriven by enormous demand for training ai large language models in the oracle cloud, oracle ceo safra catz said, adding. Oracle ceo safra catz predicts strong growth for fiscal 2026 and 2027, driven by ai computing demand. The company expects revenues to rise by 15 per cent and 20 per cent respectively.
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