US EditionOracle shares pop 15% to record high on earnings beat, cloud optimism
- Oracle's fourth-quarter revenue was $15.90 billion, exceeding the analysts' average estimate of $15.59 billion.
- Fiscal year 2025 total revenues increased by 8% in USD, reaching $57.4 billion.
- Overall Oracle Cloud Infrastructure consumption revenue grew 62% in Q4.
- Oracle expects cloud growth rates to increase from 24% in fiscal year 2025 to over 40% in fiscal year 2026.
76 Articles
76 Articles
Oracle Jumps 13.3%, Predicts 'Dramatically Higher' Growth
US stocks drifted higher Thursday following another encouraging update on inflation. The S&P 500 rose 23.02 points, or 0.4%, to 6,045.26 and is sitting less than 2% below its record. The Dow Jones Industrial Average rose 101.85 points, or 0.2%, to 42,967.62....
Oracle earnings lift ORCL stock price sky-high as cloud infrastructure sales projected to grow by 70%
Oracle investors are on cloud nine today as the stock reached record heights. The company’s fourth-quarter earnings results beat expectations yesterday and projected even more gains in cloud infrastructure. After rising nearly 8% in after-hours trading following the earnings release Wednesday evening, Oracle (NYSE: ORCL) has continued to rise throughout the day on Thursday. The stock reached an all-time record of $202.04 at 12:30 p.m. Thursday, …
Oracle (ORCL) has made a big leap in its valuation, increasing by 14% last Thursday and reaching an impressive historical peak of $202.44. This growth comes after announcing financial results from the fourth fiscal quarter that have exceeded Wall Street’s expectations. To put it in context, Oracle’s adjusted revenues reached $15.9 billion, surpassing the projection of $15.6 billion. In addition, profits per share were set at $1.70, compared to $…
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