Oracle stock jumps 4% as company says cloud revenue will skyrocket to $166B by 2030
Oracle (ORCL) said its Oracle Cloud Infrastructure business is now on track for 10 billion in fiscal 2025. That works out to a compound annual growth rate (CAGR) of 75% over five years. Oracle already saw 50% year-over-year revenue growth in 2025. Shares of Oracle closed up 3% following the news. Oracle's stock price is up 88% year to date and 79% over the past 12 months. The company revealed the outlook as part of its financial analys ...