Markets Cool on No New Trade Deal News

Company Performance - Oracle reported better-than-expected Q4 results, with earnings of $1.70 per share compared to expectations of $1.64, and year-ago earnings of $1.63 per share [3] - Revenues reached $15.9 billion, surpassing the Zacks consensus of $15.5 billion, marking an 11% year-over-year increase [3] - Shares of Oracle increased by 7% in late trading following the earnings report [3] Cloud Services Growth - Cloud services and licensed support grew by 14% in the quarter, indicating strong demand [4] - Oracle's CEO, Safra Catz, projected significantly higher revenue growth rates for cloud infrastructure in 2026, with expectations of over 70% growth in the current fiscal year as Oracle caters to AI companies [4]