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Larry Ellison’s Oracle just reported $130 billion in future contracts—which doesn’t include even a single transaction from Stargate

Fortune
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Oracle CEO Safra Catz said demand for the information technology firm’s cloud services is locked in, with customers seeking larger and longer contracts, although she warned of some “lumpiness” ahead.

The Nasdaq Composite tumbled 4% to its worst day since September 2022 .

Still, Catz and chairman and chief technology officer Larry Ellison were upbeat in regard to future contracts.