How AMD, Nvidia, Broadcom Can Ride Oracle's $455B Cloud Surge
Summary
On Monday, during its earnings announcement, Oracle (NYSE:ORCL) delivered a striking revelation that surprised even the ...
On Monday, during its earnings announcement, Oracle (NYSE:ORCL) delivered a striking revelation that surprised even the most optimistic analysts. The company's remaining performance obligations (RPO) for its cloud division surged 359% year-over-year, reaching $455 billion, compared to only $138 billion in the previous quarter.