Oracle Stock Surges on Deals With Microsoft, OpenAI, and Google, Despite Earnings Miss

   Q4 FY24 Analyst Estimates for Q4 FY24 Q4 FY23Revenue$14.29 billion$14.57 billion$13.84 billionDiluted Earnings Per Share$1.11$1.17 $1.19Net Income $3.14 billion $3.31 billion$3.32 billion Oracle announced a partnership with Microsoft and ChatGPT maker OpenAI to extend Microsoft's cloud platform, Azure Al, to Oracle Cloud Infrastructure (OCI) to provide additional capacity for OpenAl. "We are delighted to be working with Microsoft and Oracle. OCI will extend Azure's platform and enable OpenAI to continue ...