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Oracle shares jump on Google and OpenAI deals despite earnings miss
ORCLOracle(ORCL) CNBC·2024-06-11 20:16

Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017.Oracle shares jumped as much as 9% in extended trading on Tuesday after the software maker announced cloud deals with Google and OpenAI, despite fourth-quarter results that fell short of Wall Street expectations.Here's how the company did compared with LSEG consensus:Earnings per share: $1.63 adjusted vs. $1.65 expectedRevenue: $14.29 billion, vs. $14.55 ...