Oracle stock rises as company confirms Meta cloud deal

Oracle expects cloud sales of $166 billion by 2030 as business expands

Oracle expects cloud infrastructure revenue to be $166 billion in fiscal 2030, one of its two CEOs said.

Oracle stock rises as company confirms Meta cloud deal

In 30 days during the current quarter, Oracle contracted $65 billion in new cloud infrastructure commitments, one of Oracle's CEOs told analysts on Thursday.

Oracle stock rises as company confirms Meta cloud deal – DG Verifications & Stats

In this article ORCL META Follow your favorite stocksCREATE FREE ACCOUNTOracle CEO Clay Magouyrk, center, speaks on a media tour of the Stargate data center in Abilene, Texas, on Sept. 23, 2025. Stargate is a collaboration of OpenAI, Oracle and SoftBank, with promotional support from President Donald Trump, to build data centers and other infrastructure for artificial intelligence throughout the US.Kyle Grillot | Bloomberg | Getty Images Oracle…

Oracle Shares Jump as Company Confirms Cloud Deal with Meta, Targets $20bn in AI Database Revenue by 2030

Oracle’s stock closed 3% higher on Thursday after the company confirmed a major cloud-computing deal with Meta and outlined ambitious growth targets for its artificial intelligence-driven database and data platform business, projecting $20 billion in revenue by fiscal 2030. The announcement, made at Oracle’s AI World conference in Las Vegas, underscored how the 47-year-old enterprise […] The post Oracle Shares Jump as Company Confirms Cloud Deal…

Oracle Stock Surges on $300B AI Cloud Deal – Is a Trillion-Dollar Valuation Next?

Oracle Stock Today As of Oct. 16, Oracle (NYSE: ORCL) is trading near $304 per share. Investing.com data show ORCL closed at $303.98 on Oct. 16 (up 0.12% for the day) investing.com. This comes after a volatile week: the stock hit an all-time intraday high (~$345.69) on Sept. 10 ts2.tech following the AI cloud deal announcements, then pulled back 15–20% by early October on profit-taking and margin concerns ts2.tech ts2.tech. Overall, ORCL is up r…