Oracle Corporation (ORCL, Financial) has announced a forecasted 15% sales growth for the next fiscal year, driven by the expansion of its cloud services and investments in artificial intelligence (AI). This projection surpasses analysts’ expectations of a 12.6% growth, according to data from the London Stock Exchange Group (LSEG).
Oracle is integrating AI into its cloud solutions and developing its data center infrastructure to compete with industry giants like Microsoft and Amazon. These…
Article Source
https://www.gurufocus.com/news/2735245/oracle-orcl-projects-15-sales-growth-amid-ai-and-cloud-expansion
