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Oracle shares climb 8% as earnings, revenue top estimates
Revenue increased 11% year over year during the fiscal fourth quarter, which ended on May 31, according to a statement. Net income rose to $3.43 billion, or $1.19 per share, from $3.14 billion, or $1.11 per share, in the same quarter last year.
Oracle Corp. shares soared to a record high after the software maker projected a 70% gain in cloud infrastructure sales this ...
Oracle has new presidents. One person said they are considered part of the cloud company's succession plan.
Oracle shares soared to a record high Thursday, a day after the company projected “dramatically higher" revenue growth in its ...
Shares of tech giant Oracle (NYSE: ORCL) rallied another 7.8% on Friday, even as the broader Nasdaq Composite was down 1.3% ...
Oracle investors haven’t had a week this good since April 2001, after the stock had collapsed in the dot-com crash.
From an underdog priced at a heavy discount, Oracle is now emerging as a leader in the cloud with a stock that is priced ...
Chief Executive Safra Catz late Wednesday called for “dramatically higher” revenue growth rates in the fiscal year ahead.
Several America250 sponsors appeared to distance themselves from the army parade, instead focusing on next year’s events celebrating 250 years of US independence.
U.S. stocks drifted higher following another encouraging update on inflation. The S&P 500 added 0.4% Thursday and is sitting ...
ORCL shares reached record levels Thursday after Oracle's revenue growth beat Wall Street expectations—and showed no signs of ...
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