RBC Capital analyst Rishi Jaluria lowered the firm’s price target on Oracle (ORCL) to $145 from $165 and keeps a Sector Perform rating on the ...

which is driving more companies to ramp up their spending on database and OCI services. Oracle also continues to expand its cloud-based AI toolkit with dozens of AI models and hundreds of embedded ...

the SaaS Revenue (Cloud Applications) was $3.5 billion, up 10% YoY, and The OCI (Oracle Cloud Infrastructure) grew 52% YoY. The OCI is where I want to focus on, as I believe it is the main driver ...

Oracle Corporation has marked yet another milestone in its cloud journey, solidifying its position as a leader in the ...

Oracle (NYSE:ORCL) was in the spotlight on Tuesday after the IT giant reported fiscal third-quarter results that were lighter ...

OCI is driving much of Oracle’s cloud growth in the U.S., the report says. U.S. companies and providers strongly prefer to run Oracle applications on OCI and increasingly use it for third-party ...

We expect Oracle’s total cloud business to exceed a $20 billion annual run rate next year.” [RELATED: Oracle’s Ellison: OCI Is Nabbing The ‘Most Famous’ AWS Brands] Mark Clayman ...

"On a high level, no one will tell us if there's an official freeze," said an employee within Oracle's cloud software organization ... both in the US and abroad. In the OCI unit in particular ...