Oracle sees accelerating cloud momentum
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Database giant Oracle Corp.’s stock moved up more than 7% in extended trading today after reporting financial results that surpassed analysts’ expectations and saying it expects cloud growth to accelerate in the current quarter.
Investors and analysts are looking for Oracle to keep reporting cloud and AI-powered growth as it ramps up spending.
Oracle Corporation (NYSE:ORCL) will release earnings results for the fourth quarter, after the closing bell on Wednesday, June 11. Analysts expect the Austin, Texas-based company to report quarterly earnings at $1.
Oracle is scheduled to report fiscal fourth-quarter earnings after the closing bell Wednesday, with analysts watching for Oracle Cloud Infrastructure growth fueled by demand for AI.
Oracle surpassed fourth-quarter revenue estimates on Wednesday, boosted by growing demand for its cloud offerings from companies deploying artificial intelligence.
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Shares of Oracle Corp. ORCL rose 1.81% to $171.14 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.53% to 5,939.30 and Dow Jones Industrial Average DJIA falling 0.25% to 42,319.74.
Oracle International Corp.'s $58 million attorneys’ fees award in its long-running copyright dispute with Rimini Street Inc. must be reconsidered in light of a ruling vacating a permanent injunction it had won,
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Stocktwits on MSNOracle Stock Surges On ‘Dramatically Higher’ FY26 Revenue Growth Guidance, Q4 Beat — Retail Savors ‘Amazing’ PerformanceOracle Corp. (ORCL) shares rallied sharply in Wednesday’s extended session after the database giant announced forecast-beating earnings and raised its fiscal year 2026 revenue. In a statement, CEO Safra Catz said the fiscal year 2025 was a “good year” and flagged that the current year would be even better as “revenue growth will be dramatically