Oracle Q3 Results Miss Expectations
This is a news story, published by CNBC, that relates primarily to Oracle news.
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OracleCNBC
•Technology
Technology
Oracle misses on earnings but touts data center growth from AI
85% Informative
Revenue in Oracle 's cloud services business jumped 10% from a year earlier to $11.01 billion .
The company's cloud infrastructure segment has been booming due to demand for computing power that can support artificial intelligence projects.
Oracle also said it is increasing its quarterly dividend to 50 cents a share from 40 cents .
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