Tag: revenue surge
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Oracle’s IaaS Revenue Soars 52% in Q2, Driven by AI Demand
Oracle’s AI Ambitions Propel Cloud Growth Amidst Competitive Landscape Oracle Corporation has reported a significant surge in its Infrastructure as a Service (IaaS) revenue during its fiscal second quarter of 2025, showcasing a growth rate that outpaces major cloud service providers such as Amazon, Microsoft, and Google. According to Oracle CEO Safra Catz, the company’s…
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Huawei’s 2024 Report: Record Revenue, Tri-Fold Phone Unveiled
In a year marked by significant strides and challenges, Huawei has demonstrated resilience and innovation across its diverse portfolio. The Chinese tech giant released its 2024 annual report, showcasing a near-record revenue surge driven by a robust recovery in its smartphone business in China and advancements in other key sectors. Amidst this, Huawei unveiled groundbreaking…