Includes major US listed cloud computing service providers. These companies provide IAAS, SAAS, and PAAS services, infrastructure, and solutions for companies and individuals, enabling them to quickly deploy and manage their own operations, applications, and systems. Cloud computing is a significant investment opportunity for its potential cost savings. By moving IT infrastructure to the cloud, companies can reduce capital expenditures on hardware and software and only pay for the services they use, freeing up resources to invest in other areas such as research and development or marketing. Increasing demand for storage and processing power is driving the growth of cloud computing. As more businesses move to digital platforms and adopt technologies like AI, the amount of data being generated is growing exponentially. Cloud computing offers a scalable solution to handle this data.
Google's Willow Quantum Computing Chip Sparks Stellar Conversation Between Elon Musk And Sundar Pichai: 'Most Obvious Path Is Staring At Our Eyes'
Earnings Call Summary | Oracle(ORCL.US) Q2 2025 Earnings Conference
Alibaba Games is about to launch an attack.
Inject enthusiasm.
Not up to expectations! Oracle's cloud infrastructure performance has surged, but the stock price fell over 7% in after-hours trading.
① After the market closed on Monday Eastern Time, Oracle announced its second fiscal quarter earnings report, but this popular AI stock did not surprise investors; ② Oracle's cloud computing service revenue increased by 12% to $10.81 billion, accounting for 77% of total revenue, of which cloud infrastructure revenue grew by 52% to $2.4 billion.
Last night, china assets went "crazy."
Overnight, the nasdaq Golden Dragon china index rose over 8.5%, marking the best single-day performance since the end of September. Popular Chinese concept etfs surged collectively: the largest MCHI increased by 7.7%, the FXI, which tracks large Chinese companies in the Hong Kong stock market, rose over 8%, and the only major Chinese concept etf tracking the A-share market, ASHR, gained nearly 7%. The most insane increase came from the three times leveraged FTSE China, YINN, which soared 24% overnight and continued to rise over 2% after hours.
AI cloud infrastructure revenue failed to help Oracle's Q2 performance explode, with a drop of more than 9% in after-hours trading | Earnings report insights.
In the last fiscal quarter, Oracle's revenue grew by 9% year-on-year, while cloud computing service revenue accelerated by over 24%. The EPS growth slowed to 9.7%, slightly below expectations. The revenue guidance median and EPS guidance range for this fiscal quarter are both below expectations, with growth further slowing compared to the second fiscal quarter. The CEO stated that in the last fiscal quarter, Oracle's cloud infrastructure revenue grew by 52%, surpassing other competitors, and it is expected that cloud computing revenue will exceed 25 billion USD for this fiscal year.
Bull is coming : Wait till Friday
152270698 : 1. check all the historic data. it always bounces back...
2. this is surely an over react for missing 0.01 eps and 23m less than estimate.
this stock is a gold mine at 175. only regret i have is i dont have enough capital to invest