Oracle Jumped 36% in a Day After Last September's Earnings, but Traders Are Betting Against It Tonight
Cloud infrastructure revenue jumped 121% to $7.4 billion as Oracle said it added megawatt capacity and completed a $20 billion equity issuance.
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Oracle had a strong quarter, with cloud infrastructure revenue more than doubling on the back of growing demand for artificial intelligence (AI) capacity. The company's revenue and profit both topped analyst expectations, but the rapid rollout of AI data centers continues to require massive investments. Investors welcomed the numbers, with Oracle shares rising after the report.
Oracle posted earnings that exceeded market expectations, driven by demand for artificial intelligence (AI) infrastructure. On the 10th (local time), Oracle announced that revenue for the first quarter (June–August) of fiscal year 2027 was $19.3 billion (approximately 25.9 trillion won), a 29.6% increase from the same period last year. This surpassed the market forecast of $19.13 billion compiled by FactSet. Adjusted earnings per share (EPS) als…
Oracle Reports Q1 2027 Results: Full Earnings Call Transcript - Oracle (NYSE:ORCL)
On Thursday, Oracle (NYSE:ORCL) discussed first-quarter financial results during its earnings call. The full transcript is provided below. This content is powered by Benzinga APIs. For comprehensive financial data and
Oracle Jumped 36% in a Day After Last September's Earnings, but Traders Are Betting Against It Tonight
The post Oracle Jumped 36% in a Day After Last September’s Earnings, but Traders Are Betting Against It Tonight appeared first on 24/7 Wall St.. Oracle Enters Tonight’s Earnings Report Down 18% YTD With Traders Positioning Against Upside Oracle (NYSE:ORCL) has spent 2026 giving back the AI melt-up that defined it. Shares are down 17.83% year to date and 33.57% over the past year, trading around $158.62 against benchmark SPDR S&P 500 ETF Trust (N…
Oracle Q1 FY27 net income rises 60% to $4.7bn as cloud revenues surge
Oracle reported a 60% increase in net income available to common shareholders for the first quarter of fiscal 2027 (Q1 FY27), reaching $4.68bn, compared with $2.93bn for the corresponding period a year earlier. Diluted earnings per share rose 55% to $1.56, up from $1.01. Total revenue for the…
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