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Tag: Oracle CEO Safra Catz

Business
  • Web Desk Karachi
  • Jul 02, 2025
Oracle announces record $30 billion cloud contract, expected to boost revenue in 2028

The $30 billion deal ranks among the largest cloud contracts on record. That revenue alone would represent nearly three times the size of Oracle’s current infrastructure business, which totalled $10.3 billion over the past four quarters.

Business
  • Reuters
  • Jun 12, 2025
Oracle soars after raising annual forecast on robust cloud services demand

For fiscal 2026, Oracle expects total revenue to be at least $67 billion, CEO Safra Catz said on a post-earnings call.

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