Shares of the database giant Oracle Corp. rose more than 13% in extended trading today after it posted a solid earnings beat, with particularly strong results in its growing cloud business. The company reported third-quarter earnings before certain costs such as stock compensation of $1.41 per share, beating the analysts’ consensus estimate of $1.38 per […]
The post New cloud deals and demand for generative AI drive strong growth for Oracle appeared first on SiliconANGLE.
Continue reading...