Oracle Earnings Impress: Are Cloud Stocks a Buy?

Key Takeaways Oracle inked many lucrative deals with notable companies throuhgout its latest period. Cloud momentum is undeniably strong, underpinned by recent results from both AMZN and MSFT. Oracle's recent earnings release impressed investors, with shares seeing bullish action post-earnings. The big banks will really kick the Q2 earnings cycle into a higher gear in a few weeks, but the reality is that earnings season is never ‘over’. We’ve heard from several companies over recent weeks, whose results w ...