Closing Bell: Oracle Inks Cloud Deal, BitMine Soars, Boeing Replaces CFO
On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu, Carol Massar and Matt Miller.- Oracle (ORCL) shares were higher after it said it signed a single cloud deal worth $30 billion in annual revenue — more than the current size of its entire cloud infrastructure business. That revenue is expected to start flowing in the fiscal year 2028, Oracle disclosed in a regulatory filing Monday, without naming the customer.“ Oracle is off to a…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.