Oracle shares jumped 4% to an all-time high after a recent filing showed a cloud deal that would add more than $30 billion annually. CEO Safra Catz is expected to share the deal news at a company ...

Oracle shares jumped 4% to an all-time high after a recent filing showed a cloud deal that would add more than $30 billion annually. Stream NBC 5 for free, 24/7, wherever you are. WATCH HERE ...

Oracle shares surged to an all-time high Monday as CEO Safra Catz touted a “strong start” to fiscal 2026 for the tech giant, with several new cloud deals.

(Bloomberg/Brody Ford) — Oracle Corp. signed a cloud services deal that it expects to contribute more than $30 billion in annual revenue starting in the fiscal year 2028.

OpenAI CEO Sam Altman has confirmed that his company is the client behind Oracle’s massive $30 billion per year cloud ...

Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory filing, could be the largest cloud contract in history, but the filing does ...

Oracle secured a cloud contract over $30 billion annually, one of the largest in cloud history, starting fiscal 2028.

That is likely an underestimate due to the accelerating cloud momentum. Moreover, the debt load of Oracle is at $104.1 billion vs. $11.2 billion in cash.

Skydance Media, run by David Ellisonthe son of Oracle founder Larry Ellisonalready spends around $2.2 million annually on ...