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Oracle Stock Jumps on 35% Revenue Forecast | ByteBrief

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AICNBC Techabout 2 hours ago

Oracle Stock Jumps on 35% Revenue Forecast

1 min read

Oracle shares jumped Wednesday after the company issued a revenue forecast of $225 billion for fiscal 2030, implying 35% average annual growth. Analysts polled by LSEG expected 8% growth in fiscal 2027, projecting $224.2 billion revenue by 2030.

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More to chew on!

AIabout 1 hour ago

Oracle jumps 12% as it tells investors its AI bet will pay off sooner than expected

AIabout 1 hour ago

Oracle Targets $30B Cash Flow by 2029

Finance7 days ago

IBM reports Q3 revenue up 5% YoY to $17.1B, above $16.82B est., net income up 26% to $2.19B, software revenue up 8% to $7.8B, and infrastructure revenue up 4% (Elias Schisgall/Wall Street Journal)