Tech giant Oracle releases latest earnings guidance, with its fourth-quarter cloud business total revenue showing strong growth momentum
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According to forecasts, if calculated at a fixed exchange rate, the revenue increase is expected to fall within the range of 44% to 48%; if calculated in US dollars, the growth rate is expected to further rise to the level of 46% to 50%. This optimistic outlook highlights Oracle's continued expansion capabilities in the cloud computing sector. The stable dual-track growth forecast also reflects the company's resilience to exchange rate fluctuations and its favorable competitive position in the global cloud services market.
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