Tuesday, 12 March, 2024

Oracle Surpasses Quarterly Profit Expectations Amid AI Demand, Shares Surge

Oracle has exceeded quarterly profit estimates driven by increasing demand for its artificial intelligence (AI) services. The surge in shares reflects the company's successful performance, buoyed by the growing reliance on AI technologies across various sectors. Oracle's strong financial results underscore its position as a key player in the AI market, highlighting its ability to meet the evolving needs of businesses for advanced technological solutions.