Citi's thesis centers on two catalysts converging at the right time. Data center spending and a constructive Pennsylvania rate case are seen driving accelerating earnings growth through 2026 and beyond.
Our Multicloud database business is our fastest growing business - up 817% in Q2. Oracle is building 72 multicloud datacenters embedded within Amazon, Google, and Microsoft clouds, and has over 211 live and planned cloud regions worldwide, more than any competitor. That's the "chip neutrality" strategy in action: Oracle runs wherever the customer wants to run, which is why hyperscalers are signing contracts, not competing with them.
