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(Reuters) -Apple is preparing to launch a redesigned version of its MacBook Pro computer with a touch display for late 2026 or early 2027, Bloomberg News reported on Thursday, citing people with knowledge of the matter. The company did not immediately respond to a Reuters request for a comment. (Reporting by Juby Babu in Mexico City; Editing by Shailesh Kuber)

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(Reuters) -Apple is preparing to launch a redesigned version of its MacBook Pro computer with a touch display for late 2026 or early 2027, Bloomberg News reported on Thursday, citing people with knowledge of the matter. The company did not immediately respond to a Reuters request for a comment. (Reporting by Juby Babu in Mexico City; Editing by Shailesh Kuber)

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By Stephen Nellis and Harshita Mary Varghese (Reuters) -Oracle expects cloud infrastructure revenue to be $166 billion in fiscal 2030, one of its two CEOs said on Thursday. Chief Executive Officer Clay Magouyrk gave the prediction during a meeting with financial analysts, sending shares up 5%. Oracle said last month that it has racked up hundreds of billions of dollars worth of infrastructure bookings and is working with ChatGPT creator OpenAI on a $500 billion project that will include five new data centers. Magouyrk said that during a single 30-day period during the previous quarter, Oracle Cloud Infrastructure, the company's cloud unit, had booked $65 billion in new commitments, which included a $20 billion deal with Meta Platforms. He said that the newest $65 billion of bookings came from customers other than OpenAI. "I know some people are questioning, 'Hey, is it just OpenAI?' The reality is, we think OpenAI is a great customer, but we have many customers," Magouyrk said. "This is literally seven deals, four customers, all of them other than OpenAI." Oracle also addressed questions about the margins associated with its revenue forecasts, saying it expected to have adjusted gross margins of 30-40% for delivering AI cloud computing infrastructure. Oracle also said that those margins would be steady over the term of a contract, showing a hypothetical example of an AI infrastructure rollout where the company would have about $6.4 billion of costs in each year of a six-year, $60 billion cloud contract. (Reporting by Harshita Mary Varghese in Bengaluru and Stephen Nellis in San Francisco; Editing by Vijay Kishore and Mark Porter)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

By Stephen Nellis and Harshita Mary Varghese (Reuters) -Oracle expects cloud infrastructure revenue to be $166 billion in fiscal 2030, one of its two CEOs said on Thursday. Chief Executive Officer Clay Magouyrk gave the prediction during a meeting with financial analysts, sending shares up 5%. Oracle said last month that it has racked up hundreds of billions of dollars worth of infrastructure bookings and is working with ChatGPT creator OpenAI on a $500 billion project that will include five new data centers. Magouyrk said that during a single 30-day period during the previous quarter, Oracle Cloud Infrastructure, the company's cloud unit, had booked $65 billion in new commitments, which included a $20 billion deal with Meta Platforms. He said that the newest $65 billion of bookings came from customers other than OpenAI. "I know some people are questioning, 'Hey, is it just OpenAI?' The reality is, we think OpenAI is a great customer, but we have many customers," Magouyrk said. "This is literally seven deals, four customers, all of them other than OpenAI." Oracle also addressed questions about the margins associated with its revenue forecasts, saying it expected to have adjusted gross margins of 30-40% for delivering AI cloud computing infrastructure. Oracle also said that those margins would be steady over the term of a contract, showing a hypothetical example of an AI infrastructure rollout where the company would have about $6.4 billion of costs in each year of a six-year, $60 billion cloud contract. (Reporting by Harshita Mary Varghese in Bengaluru and Stephen Nellis in San Francisco; Editing by Vijay Kishore and Mark Porter)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

(Reuters) -Salesforce shares jumped more than 6% in premarket trading on Thursday, after the company forecast faster revenue growth in the coming years, easing concerns that AI tools were eroding demand for its software. The Marc Benioff-led company had posted its first revenue decline in about three years earlier this year, sparking fears that businesses focused on AI investments were cutting back on what has long been essential customer management software. That had knocked its stock by more than a quarter in 2025 so far. But the company's better-than-expected forecast of more than $60 billion revenue in 2030 allayed some of those fears. That forecast, unveiled at the company's Dreamforce event on Wednesday, excluded the boost from its planned $8 billion acquisition of software-maker Informatica. The deal, set to complete by the first half of next year, will bolster Salesforce's AI capabilities by integrating Informatica's data management tools into its cloud services. Salesforce also announced a $7 billion share buyback plan over the next six months, a move J.P.Morgan analysts said reflects "confidence in free cash flow durability and the near-term re-acceleration in bookings and eventually revenue". The new outlook "should help shift the narrative around Salesforce's business positively and toward the notion of sustainable double-digit growth", potentially easing investor concerns, analysts at J.P.Morgan said. Earlier this week, Salesforce expanded partnerships with OpenAI and Anthropic to embed their advanced AI models into its Agentforce 360 platform, which has now been launched globally across its suite of cloud-based tools. The company has also said it would invest $15 billion in San Francisco over the next five years to accelerate AI adoption. Salesforce's "healthy pace of margin expansion" could bring it in line with large-cap peers by the end of the decade, Jefferies analysts said. (Reporting by Rashika Singh in Bengaluru; Editing by Shilpi Majumdar)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)