Oracle Corporation (ORCL) shares climbed on Thursday after NTT DATA Japan announced its adoption of Oracle Alloy to enhance its sovereign cloud services and provide access to a wide range of Oracle Cloud Infrastructure capabilities. This partnership will accelerate cloud adoption in Japan, while ensuring data sovereignty and compliance.
Results for: ORCL
Oracle Corporation (ORCL) shares are in the spotlight ahead of their first-quarter earnings release, with investors keenly focused on cloud service revenue performance amidst rising AI demand and recent partnerships with OpenAI and Google. Analysts anticipate strong earnings, and the stock’s recent performance suggests investor confidence.