Oracle bumps up fiscal 2026 revenue forecast, lifting stock 6%
Oracle(ORCL) CNBC·2024-09-12 22:19
Oracle Corp. CEO Safra Catz walks on the floor of the New York Stock Exchange as Oracle rang the opening bell in celebration of its 10th anniversary of listing on the exchange in New York on July 12, 2023.Oracle shares rose about 6% in extended trading on Thursday after the database software maker raised its fiscal 2026 revenue guidance and issued a heady forecast for the 2029 fiscal year.At an analyst meeting coinciding with the Oracle CloudWorld conference in Las Vegas, the company said it now sees at lea ...