Oracle Shares Surge on Strong Earnings and Cloud Growth Outlook

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Source: Investor's Business Daily
Oracle Shares Surge on Strong Earnings and Cloud Growth Outlook
Photo: Investor's Business Daily
TL;DR Summary

Oracle's stock surged after reporting better-than-expected Q4 earnings and projecting significant growth in its cloud and AI services, with a strong outlook for fiscal 2026, driven by a 52% increase in cloud infrastructure revenue and a 41% rise in backlog, positioning Oracle as a major player in cloud and AI markets.

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