Oracle, a big computer company, recently shared its financial results. It makes software and cloud services, like renting out powerful computers to other companies. Things didn't go exactly as planned!
- Oracle's earnings (money made) were a little lower than expected.
- But, its future orders for cloud services are super high!
- Oracle is investing BIG in artificial intelligence (AI) – imagine super smart computers.
- They're part of a huge AI project called Stargate, which could be worth hundreds of billions of dollars!
Fact | Number |
---|---|
Oracle's sales | $14.1 billion |
Expected sales | $14.4 billion |
Future revenue growth (2026) | 15% |
Stargate Project Potential Value | $500 Billion |
Even though the results weren't perfect, Oracle is excited about its future with AI. Their stock price went down a bit after the news.