Oracle Shares Surge As The Company Projects Surpassing $100 Billion In Sales By Fiscal 2029
Oracle shares surge over 6% in premarket trading on Friday, following the company’s announcement of its ambitious goal to surpass $100 billion in revenue by fiscal 2029. The rise in demand for AI-powered solutions has fueled growth in its cloud services, a key driver behind this optimistic forecast. The Growing Importance of Cloud Services in …