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2 Underdog Cloud Stocks for the Next Decade


The cloud infrastructure market is dominated by Amazon Web Services (AWS) and Microsoft Azure. Together, these two platforms account for around 55% of global cloud infrastructure spending.

While catching up with AWS and Azure will be difficult, there's plenty of room for smaller players to build fast-growing, highly profitable cloud infrastructure businesses. Two underdogs that are having success are (NYSE: ORCL) and Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL).

Software giant Oracle has leaned into the AI boom, ensuring that its cloud infrastructure is well suited for the kinds of computationally intense workloads necessary to train and run advanced AI models. "Oracle's Gen2 Cloud has quickly become the number 1 choice for running Generative AI workloads," said Chairman Larry Ellison in the company's latest earnings report.

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Source Fool.com

Oracle Corp. Stock

€111.78
-0.040%
There is nearly no change for the Oracle Corp. stock today. Compared to yesterday it only changed by -€0.040.
With 30 Buy predictions and not a single Sell prediction Oracle Corp. is an absolute favorite of our community.
As a result the target price of 121 € shows a slightly positive potential of 8.25% compared to the current price of 111.78 € for Oracle Corp..
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