Oracle shares jumped 7% after fiscal Q1 2027 results beat estimates, with cloud infrastructure revenue surging 121% and backlog hitting a record

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…