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Oracle shares rose as much as 6% after the company reported 30% overall revenue growth, with cloud infrastructure revenue jumping 121% year-over-year, underscoring surging demand for its AI cloud services. The results build on Oracle's earlier reported earnings beat, in which contracted revenue backlog grew further than expected, reinforcing its transformation into a major AI infrastructure provider. Wall Street analysts weighed in following the results, with several noting the strength of the cloud growth trajectory even as some voiced caution about valuation and the sustainability of the buildout. The reaction adds to a broader narrative of Oracle benefiting from the AI infrastructure boom, positioning it alongside other hyperscale and AI-linked cloud providers.