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Oracle will invest $3 billion in Germany and the Netherlands over the next five years to bolster its infrastructure powering ...
The cloud-services giant is expanding its infrastructure in Germany and the Netherlands as it joins a growing list of U.S. companies seeking to bolster their services in Europe.
Oracle trades at a forward price-to-earnings ratio of 25.86, compared to rivals Microsoft at 31.34 and Amazon at 31.80, according to data compiled by LSEG.
Oracle (ORCL.N) CEO Safra Catz on Monday gave a strong growth outlook for its fiscal 2026 and 2027, indicating that the skyrocketing demand for advanced artificial intelligence computing shows no ...
Oracle would spend $2 billion in Germany and $1 billion in the Netherlands, the company said in separate statements. Its shares rose 2% in trading before the bell.
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