Oracle (ORCL) Stock: Meta Deal Confirmed as Company Books $65 Billion in Cloud Contracts

TLDR Oracle CEO Clay Magouyrk announced $65 billion in new cloud infrastructure commitments secured within 30 days during the current quarter across seven contracts from four customers Meta confirmed as one of four major customers, reportedly working on a deal previously estimated at $20 billion by Bloomberg Oracle projects $20 billion in AI-powered database and [...]

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