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Oracle Stock Jumps On Cloud-Infrastructure Growth And NVIDIA Tie-In

Oracle Posts Biggest Gain Since 2021 on Cloud Revenue Growth

CEO Safra Catz said the company is "rapidly" building more data centers to meet demand for cloud computing.

Oracle (ORCL) Q3 2024 Earnings Call Transcript

ORCL earnings call for the period ending December 31, 2023.

Oracle Posts Biggest Gain Since 2022 on Cloud Revenue Growth

(Bloomberg) Oracle Corp. shares posted their biggest intraday gain in almost two years after reporting a spike in bookings in its cloud computing business, showing progress in its bid to capture more of the competitive market.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapChina Has Never Canceled This Many Shipments of US WheatNY Says Trump Should Post Full Bond During Fraud Case AppealUS Cor

Oracle Stock Jumps On Cloud-Infrastructure Growth And NVIDIA Tie-In

He stock was up by around 13% in premarket trading, and it wasn't only due to Oracle's Street-beating quarterly results.