Reported 2 days ago
Oracle (ORCL) recently saw a surge in shares following strong Q1 earnings, sparking discussions about the company's services and progress in the AI cloud arena. The chief strategist at Epistrophy Capital Research, Cory Johnson, explains how Oracle has evolved over the past decade, transitioning from traditional software to a robust cloud business that includes both software as a service and infrastructure as a service. As Oracle expands its data center operations, it is positioning itself as a key player in the competitive AI cloud market, vying with major competitors like Alphabet, Microsoft, and Amazon.
Source: YAHOO