business / news / / Benzinga
Oracle’s collaboration with AWS aims to provide customers with simplified, high-performance connectivity, allowing for seamless data movement and application modernization.
Oracle and AWS are integrating cross-cloud interconnect with AWS Interconnect for enhanced multicloud connectivity.
KEY POINTS
- Oracle expanded its cloud partnership to deploy AI-powered supply chain applications for a major automotive supplier.
- Oracle's estimated revenue for next earnings is $19.09 billion, up from $15.90 billion previously.
- Oracle stock is 18.9% above its 20-day simple moving average but remains 18.4% below its 200-day SMA.
COMPANIES
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