Jim Cramer Believes Oracle Corporation (ORCL)’s Conference Call Was Just “Masterful”

Core Viewpoint - Oracle Corporation (NYSE:ORCL) experienced a significant share price increase of 36% following its earnings report, which highlighted strong growth projections for its cloud services [1] Group 1: Earnings Report Highlights - Oracle's CEO Safra Catz projected that Oracle Cloud Infrastructure (OCI) would grow by 77% to reach $18 billion in the current fiscal year, with further increases expected to $32 billion, $73 billion, $140 billion, and $144 billion over the next four years [1] - The company's remaining performance obligation is reported at $455 billion, indicating strong future revenue potential [1] Group 2: Market Reaction - Jim Cramer described the earnings call as "masterful," noting the significant market reaction and comparing it to past notable stock movements, such as NVIDIA's [1] - The immediate market response to Oracle's earnings report was unprecedented, with Cramer expressing disbelief at the scale of the projections during the call [1]