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Oracle Signs 'Multiple Large' Cloud Services Deals; Shares Up Pre-Bell
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Oracle Signs 'Multiple Large' Cloud Services Deals; Shares Up Pre-Bell
Jun 30, 2025 6:48 AM

09:22 AM EDT, 06/30/2025 (MT Newswires) -- Oracle (ORCL) said in a regulatory filing Monday that Chief Executive Safra Catz is expected to inform staff that the company has signed "multiple large" cloud services deals, including one that is anticipated to add annual revenue of more than $30 billion starting in fiscal 2028.

Catz also plans to say that the company began fiscal 2026 strongly, with its MultiCloud database revenue continuing to grow at more than 100%, according to a regulatory filing.

Oracle shares were up over 7% in recent premarket activity.

Price: 225.30, Change: +15.06, Percent Change: +7.16

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