Reported 26 days ago
Shares of Oracle have surged following an upward revision of its fiscal 2026 forecast, projecting over $104 billion in sales by fiscal 2029. Analyst Alex Zukin highlights Oracle's strength in enterprise infrastructure and its strategic cloud migration capabilities, particularly emphasizing partnerships with other tech giants like AWS that enable customer workload shifts to the cloud, positioning Oracle favorably in the competitive landscape of AI and software development.
Source: YAHOO