Oracle surges 32% after RPO goes 'nuclear,' say analysts

Core Viewpoint - Oracle's shares experienced a significant increase of approximately 32% in premarket trading following the announcement of a substantial rise in remaining performance obligations, which garnered positive feedback from analysts [2] Company Summary - Oracle reported a massive surge in remaining performance obligations, indicating strong future revenue potential [2] - Jefferies maintained a Buy rating on Oracle and increased the price target, reflecting confidence in the company's growth prospects [2]