Oracle yet to sign a Stargate contract or predict revenue from AI mega-build

Guessed tax obligations wrong which helped to disappoint Wall Street even as sales boomed Oracle on Monday announced customers committed to $48 billion of future cloud services consumption – just $5 billion less that its annual revenue for FY 2024 – but investors aren’t impressed.…

Mar 11, 2025 - 06:29
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Oracle yet to sign a Stargate contract or predict revenue from AI mega-build

Guessed tax obligations wrong which helped to disappoint Wall Street even as sales boomed

Oracle on Monday announced customers committed to $48 billion of future cloud services consumption – just $5 billion less that its annual revenue for FY 2024 – but investors aren’t impressed.…