AI-Fueled Earnings Growth and an Amazon Deal Have Oracle Stock Soaring

Key TakeawaysOracle's fiscal first-quarter results exceeded analysts' expectations, sending shares higher in extended trading Monday.Revenue from Oracle's cloud services jumped as the company said demand for training AI large language models in the cloud surged.Oracle and Amazon Web Services also announced a multicloud partnership. Oracle (ORCL) shares jumped in extended trading Monday after the software giant reported fiscal first-quarter results that topped analysts’ expectations and announced a new partn ...