Oracle jumps 7% after reporting 30% revenue growth fueled by AI cloud demand

This story is from 2026-09-11. It is preserved in the archive; the latest stories are on the live feed.

Oracle's cloud infrastructure revenue jumped 121% since last year, reflecting demand for its AI cloud services.

Read the full story at CNBC Technology ↗

Timeline · 1 report

2026-09-11 13:04 · CNBC Technology
Oracle jumps 7% after reporting 30% revenue growth fueled by AI cloud demand

More stories

Google Joins OpenAI, Anthropic, Meta in Disclosing AI Hacks — Bloomberg AI
Introducing Kimi K3 on Amazon Bedrock — AWS Machine Learning Blog
Introducing Amazon SageMaker HyperPod Inference Gateway — AWS Machine Learning Blog
Introducing Astra for Law — OpenAI News
Newsom signs executive order to explore new AI rules, consider ‘kill switch’ — Politico Technology
Anthropic, OpenAI, SpaceXAI, Google sued over call to ‘pace’ AI development — Politico Technology
Sources: Anthropic considers releasing a new AI model to counter OpenAI's momentum since Astra's launch, ahead of an IPO and after Amodei's call for a slowdown (Reuters) — Techmeme
Gemini Hacked Three Companies in First Known Breakout by Google’s AI — Wall Street Journal Technology

Get the daily brief of stories like this at 6:30 every morning →