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Oracle Corp. solidified its position as an artificial-intelligence leader at its AI World Conference, as the company raised guidance and shared positive business developments.
Investors were looking for confirmation of accelerating revenue and operating margins, and they received it Thursday. Oracle
ORCL stated its new goal of achieving $225 billion of revenue and earnings per share of $21 by fiscal year 2030. The company also emphasized that it would be willing to accelerate investments in the short term if it saw an opportunity to do so.