Oracle (ORCL) stock jumped late Thursday after the tech giant reported fiscal first-quarter results that beat expectations. Cloud infrastructure growth accelerated to triple-digits, a sign that Oracle is converting strong demand for AI computing power into sales growth. Austin, Texas-based Oracle reported adjusted earnings of $1.92 per share from revenue of $19.35 billion for the quarter ended Aug. 31. Analysts…
Oracle Stock Jumps As Earnings Beat Estimates, Cloud Infrastructure Growth Accelerates
Kaynak: Yahoo Finance
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