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Oracle shared jumped after the company released a revenue forecast.
The forecast points to potential revenue of $144 billion by 2030. The current fiscal year projection is $18 billion.
"We expect Oracle cloud infrastructure revenue to grow 77% to $18 billion this fiscal year – and then increase to $32 billion, $73 billion, $114 billion and $144 billion over the subsequent four years," CEO Safra Catz said in a statement.
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