Oracle shares jump on $500 billion cloud revenue prospects

Cristiana Gigina

Oracle shares soared about 29 per cent before the bell on Wednesday after the enterprise software company forecast booked revenue from its core cloud business to exceed half a trillion dollars over the next few months. If the gains hold, the company will add $208 billion to its market capital with shares at $312.65, taking the total valuation to $878.2 billion. The shares have risen 45 per cent so far this year, with investors betting big on AI-driven cloud firms. Oracle's competitors are

Oracle shares jump on $500 billion cloud revenue prospects https://www.channelnewsasia.com/ - 10.09.2025 14:22
Oracle shares rise 31% in Frankfurt on half a trillion cloud revenue prospects https://www.channelnewsasia.com/ - 10.09.2025 10:16
Oracle expects half a trillion dollars in booked cloud orders, stock rises 27% https://www.channelnewsasia.com/ - 10.09.2025 02:04

din zilele anterioare

Oracle shares jump on $500 billion cloud revenue prospects https://www.channelnewsasia.com/ - 10.09.2025 14:22
Oracle shares rise 31% in Frankfurt on half a trillion cloud revenue prospects https://www.channelnewsasia.com/ - 10.09.2025 10:16
Oracle expects half a trillion dollars in booked cloud orders, stock rises 27% https://www.channelnewsasia.com/ - 10.09.2025 02:04