Sept 11 : Oracle shares rose 6 per cent before the bell on Friday after it reported a $26 billion jump in first-quarter revenue backlog, proving its massive debt-driven spending spree on data centers was powering strong growth in its cloud business.The company said that roughly half of the $664 billion in its

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