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Posted by
Two Blokes Jun 30 -
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Stock
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Oracle Corp (NYSE:ORCL, ETR:ORC) shares rose almost 5% on Monday, reaching an all-time high of around $222 on the news it has signed several large cloud services deals, including one which is expected to generate more than $30 billion in annual revenue starting in fiscal year 2028. This deal is one of the largest cloud contracts on record and nearly triples the size of Oracle's current infrastructure business.
