Can Oracle Reach a New ATH After its Earnings?

In addition to these gains, Oracle’s financial health remains strong, with short-term deferred revenues at $11.5 billion, operating cash flow over the last twelve months at $19.1 billion, and free cash flow at $11.3 billion.Given these results, Oracle’s cloud strategy appears to be a significant driver of its overall success, positioning the company to maintain its momentum in the highly competitive tech industry. The sustained demand for cloud computing, particularly for AI applications, suggests that Orac ...