Oracle shares jump after upbeat forecast for cloud division
Chief says cloud infrastructure business was expected to grow more than 70% in the next fiscal year
Chief says cloud infrastructure business was expected to grow more than 70% in the next fiscal year

Larry Ellison’s database group posted better than expected earnings from its cloud unit

Larry Ellison’s company raises its capital expenditure forecast as it doubles down on AI infrastructure bet

US tech giant’s valuation set to pass $4tn as investors embrace plans to spend $120bn on artificial intelligence next year

US chipmaker reports better than expected revenue and financial guidance

Troubled chipmaker says recent investments have strengthened its finances

Shares jump after ecommerce giant says web services division is growing at fastest pace in three years