Oracle shares rose significantly after reporting strong quarterly results. The company secured over thirty billion dollars in new AI cloud contracts. This boosted its revenue backlog to six hundred sixty-four billion dollars. These results eased investor concerns about debt and spending. The company's performance improved after a period of underperformance.

Oracle's shares fell 12% after FY2026 results showed $129.5B in debt, negative free cash flow, and plans to raise $40B more in FY2027.

Oracle's results for the quarter came in stronger than expected, as did its revenue backlog.

Oracle shares rose significantly after reporting strong quarterly results. The company secured over thirty billion dollars in new AI cloud contracts. This boosted its revenue…

Oracle stock jumped after cloud revenue sales grew by 121% last quarter