Oracle Corp is in discussions with Indonesia's government to establish a cloud services center in th...
Original sourceThe initiative suggests strategic growth in Asia, aligning with Oracle's global expansion plans, which could attract investor interest.
The establishment of a cloud services center indicates expansion, similar to past successful moves in growing markets, which historically improves stock performance.
The initiative suggests strategic growth in Asia, aligning with Oracle's global expansion plans, which could attract investor interest.
A cloud center will likely contribute to ORCL's revenue growth over several quarters, akin to long-term ventures in other regions.