Oracle posts strong Q3 results amid rising AI cloud demand

NAMPA / Xinhua

2026-03-11

SAN FRANCISCO, March 10 (Xinhua) -- U.S. software company Oracle Corporation on Tuesday reported strong financial results for the third quarter of fiscal year 2026, driven by rapid growth in cloud services and rising demand for artificial intelligence (AI) computing. Oracle said the total revenue for the quarter reached 17.2 billion U.S. dollars, up 22 percent year over year, while cloud revenue rose 44 percent to 8.9 billion dollars. Net i......

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