Story thread · 15 reports / 10 sources
Oracle Cloud Revenue Doubles: AI Demand Pushes GPU Utilization to 97.9%
techtimes.com · 3d
How the coverage leans
Across 10 sources · syndicated copies counted once
Oracle Cloud Infrastructure earnings surged 121% to $7.4 billion in Q1 FY2027, with GPU utilization at 97.9% and a record $664 billion contract backlog, as Oracle reported total revenue of $19.3 billion, up 30% year-over-year, beating analyst estimates and raising its full-year revenue target to at least $90 billion.
First report: Why Oracle’s Low-Cost Cloud Changes Everything — 247wallst.com, 6d
The coverage
- Oracle jumps 6% after reporting 30% revenue growth fueled by AI cloud demand
cnbc.com · 3d
- Oracle still burning billions, but cloud revenue soars
thestack.technology · 3d
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