Shares of Oracle (ORCL) are rising after the company lifted its fiscal 2026 forecast and announced that it expects sales during fiscal 2029 to cross $104...
) are rising after the company lifted its fiscal 2026 forecast and announced that it expects sales during fiscal 2029 to cross $104 billion.
He adds that the company has built an ecosystem with other hyperscalers that allows customers to easily move their workloads to the cloud, and points to its partnership with Amazon Web Services as an example. He explains that Oracle has"a lot of irons in the fire across the entire ecosystem," which it is able to translate into accelerating growth and improving profitability.I think they've been doing it for decades.
And I think they've, they've just, they've got a lot of irons in the fire uh across the entire ecosystem and kind of similar to Microsoft advantages in one part of the stack, start to diffuse into other parts of the stack. I think in terms of other partnerships, you know, look, I, I don't know what, what, who else is left quite frankly on the hyper scale side.
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