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While the latest earnings and revenue numbers came up short, Oracle impressed with its talk of new multibillion-dollar deals ...
Oracle's (ORCL) stock surged on Wednesday after the company reported a massive surge in RPO which also saw positive reactions ...
Oracle shares soared Wednesday after the computing giant raised its outlook for cloud infrastructure sales and said it added ...
The big news was the explosive growth of Oracle's backlog. The company's remaining performance obligation (RPO) -- or ...
Oracle reported weaker-than-expected results but touted a $30B OpenAI cloud contract and growing AI demand as proof its ...
2hon MSN
Oracle shares see a massive surge in after-hours trading on optimism over new cloud contracts
A strong cloud infrastructure outlook has sent Oracle shares into a sharp rally, as the company's future contract revenue balloons to $455 billion.
Stripping out one-time items, adjusted earnings were $1.47 a share. Analysts polled by FactSet had been expecting $1.48 a share. Revenue climbed 12% to $14.93 billion, shy of analyst targets for ...
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