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
Oracle stock jumped late Thursday after the tech giant reported fiscal first-quarter results that beat expectations.











