Oracle's AI Ambitions Take Flight After Record Cloud Growth: What Do Analysts Really Think?
Oracle Corp ORCL stock gained on Thursday after the company reported better-than-expected fourth-quarter financial results and issued an upbeat outlook commentary on Wednesday.Oracle reported fourth-quarter revenue of $15.9 billion, up 11% compared to estimates of $15.58 billion, and adjusted earnings of $1.70 compared to estimates of $1.64. Oracle guided for total revenue of at least $67 billion in fiscal 2026.Also Read: AMD Powers Oracle Cloud With New Epyc Chips Promising Major Boost In PerformanceCloud ...