Oracle Beats Earnings Forecasts Driven by Cloud Revenue Surge

Oracle Earnings Beat as Cloud Revenue Surges

The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Duke University Professor of Finance Cam Harvey, Morningstar Senior Equity Analyst David Swartz, Philip Morris International Group CEO Jacek Olczak, Citi Wealth Head of Portfolio Advisory Jeanne Sun, RBC Capital Markets Software Equity Research Managing Director Rishi Jaluria, Janus Henderson Global Head, Client Portfolio Management...

Oracle forecasts at least $90B FY2027 revenue as Q2 guidance calls for 30%-34% growth

Oracle Rises After Cloud Revenues Beat Thanks To Massive CapEx, Soaring Debt

Oracle Rises After Cloud Revenues Beat Thanks To Massive CapEx, Soaring Debt Earnings season may be over, but the occasional earnings reports are still trickling through, and moments ago we got the latest off-season report from the most indebted company in AI, Oracle, which reported adjusted revenue for the first quarter that beat the average analyst estimate, and which helped push the stock higher, but just barely above where it opened.  Here's what ORCL reported moments ago f...

By Tyler Durden