business / news / / Barchart
ORCL stock is down 11% year-to-date (YTD) and down 49% from its 52-week high of $345.72.
Oracle's backlog has reached $553 billion, ensuring years of locked-in, AI-driven revenue.
KEY POINTS
- More than 90% of Oracle's 10 gigawatts power capacity is funded by external partners.
- Oracle's multi-cloud database revenue surged 531% year-over-year in the third quarter.
- Upfront payments and 'bring your own hardware' deals have generated over $29 billion in new contracts.
- Oracle has integrated over 1,000 AI agents directly into its enterprise applications.
COMPANIES
Summarized by Newsio from Barchart. How we summarize →