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Cloud Growth

All articles tagged with #cloud growth

business18 days ago

Oracle's AI Expansion Sparks Growth Hopes Amid Market Concerns

Oracle's stock faces a complex outlook as it benefits from a 68% surge in cloud revenue and a 177% increase in GPU sales driven by AI demand, while also planning a significant $50 billion capex for 2026 and experiencing a $10 billion negative free cash flow. The company's large AI contracts and collaborations position it for growth, but high capital requirements and competition from Microsoft and Amazon pose challenges. Oracle's stock currently trades at a premium and is rated a hold by Zacks.

via Zacks Investment Research|
#ai-infrastructure#business#capital-expenditure
technology7 months ago

Oracle Poised to Overtake Google Cloud as Top Cloud Vendor Amid Strong Earnings and Growth

Oracle is poised to overtake Google Cloud as the world's fastest-growing major cloud vendor, driven by strong Q4 earnings, a 63% surge in RPO to $130 billion, and increasing customer demand for its OCI services, especially in AI training. The upcoming earnings report is expected to show cloud revenue growth of around 29%, which could push Oracle to the top of the Cloud Wars growth chart, at least until Q2 results from Google Cloud are announced.

via Cloud Wars|
#ai-infrastructure#cloud-growth#google-cloud
technology1 year ago

"Unveiling the Impact of AI on Microsoft's Cloud Growth and Financial Performance"

Analysts are bullish on Microsoft's cloud growth potential, citing the company's increased capital-expenditure forecast for cloud and AI infrastructure. They believe that Microsoft's suite of software and cloud offerings, along with its focus on AI, positions it as a leader in the hyperscaler provider space. Despite concerns about slowing growth in non-AI Azure services, analysts see this as a positive shift towards AI-centric workloads. Overall, analysts are optimistic about Microsoft's future, expecting AI to be a significant secular tailwind for the company's growth.

via MarketWatch|
#artificial-intelligence#azure#cloud-growth
business2 years ago

Oracle Stock Plunges on Q2 Revenue Miss and Slower Cloud Growth, Prompting Downgrade and Price Target Cut

Oracle Corp. stock plunged after reporting fiscal second-quarter revenue and cloud growth that fell short of expectations. While earnings per share beat forecasts, revenue of $12.94 billion and cloud growth of 25% disappointed investors. Management's forward guidance also disappointed, with concerns about infrastructure spending. Despite bullish comments from the CEO about demand for cloud and AI, concerns about operating margins and the impact of the Cerner acquisition weighed on investor sentiment. Oracle shares were down 12% but remain up over 20% for the year.

via Investopedia|
#business#cloud-growth#earnings
business2 years ago

Palo Alto Networks' Strong Performance Boosted by Cloud Growth and Education Plans.

Cybersecurity firm Palo Alto Networks reported Q3 earnings that beat Wall Street targets, with revenue meeting views. The company's sales outlook for Q4 also met expectations. Palo Alto's earnings for the quarter ending April 30 rose 83% to $1.10 on an adjusted basis, while revenue rose 24% to $1.72 billion. The company's cloud-based security platform saw annual recurring revenue rise 60% to $2.57 billion.

via Investor's Business Daily|
#business#cloud-growth#cybersecurity
business2 years ago

Amazon's Cloud Business Faces Uncertainty and Slowdown in Revenue Growth.

Amazon's cloud growth is expected to slow further as business customers clamp down on spending, leading to a 5% drop in revenue growth rates in April compared to the first quarter. The company's cost-cutting measures have contributed to a $3.17 billion profit in Q1, but its cloud slowdown has caused shares to drop 2%. Amazon is also facing competition from cloud rivals Microsoft and Google, who are rolling out high-profile artificial intelligence tools. Despite this, Amazon reported better-than-expected sales of $127.36 billion in Q1 and projected revenue between $127 billion and $133 billion in Q2.

via Reuters|
#amazon#business#cloud-growth