Oracle Accelerates Cloud Infrastructure Business to 45% and Announces AWS Partnership - Shares hit new all-Time Highs!

Oracle (ORCL) continues to record high demand for infrastructure solutions for AI applications. In the first quarter, business with Oracle Cloud Infrastructure accelerated from 42 % to 45 % thanks to large contracts. Due to seasonal effects, contractual performance obligations have always declined here over the last five years, although this time there was sequential growth. Cloud RPO grew by 80% and is responsible for three quarters of total RPO, which increased by 52% to $99 billion. The company's own SaaS offerings are aligned with its own...