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#OracleQ1EarningsBeatStockUpOver5% Oracle Q1 Earnings Beat | Stock Jumps Over 5%



Oracle delivered a stronger-than-expected fiscal Q1, with revenue reaching $19.34 billion, up 30% year over year, while adjusted EPS came in at $1.92, ahead of Wall Street’s $1.74 estimate.

The bigger story was AI and cloud momentum. Oracle’s cloud revenue climbed 62%, while cloud infrastructure revenue surged 121%. The company also added more than $30 billion in new AI cloud contracts, pushing its remaining performance obligations to $664 billion.

Investors reacted quickly, with $ORCL shares gaining more than 5% in early trading after the earnings release. The results suggest that demand for AI infrastructure remains strong, although traders will still be watching Oracle’s heavy capital spending and margins closely.

Is $ORCL starting a fresh AI-driven move, or does the stock need a pullback first?

#ORCL #Oracle #AI #CloudComputing
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ORCLORCL-1.87%


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discovery
30 minutes ago
That move is wild 🔥
0
discovery
30 minutes ago
Would you add here?
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discovery
30 minutes ago
First Review
Interesting 👀
0