Oracle (ORCL) Rises Amid Strategic Collaboration with Amazon AWS

7 hours ago

Oracle (ORCL, Financial) saw its stock increase by over 1.2%, reaching $172.02. The rise comes as Oracle announced a strategic partnership with Amazon's AWS. Together, they plan to launch the Oracle Database@Amazon Web Services. This new feature aims to provide enterprise users with streamlined database management, billing, and customer support services. A preview of this feature is expected to be available later this year, with plans to expand it to more markets by 2025 to meet enterprise demands.

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