Golden Finance reports that Oracle's U.S. stock pre-market rose by 29%, with the company expecting cloud infrastructure revenue to rise by 77% to $18 billion in fiscal year 2026. Oracle's adjusted earnings per share for the first quarter were $1.47, compared to an expectation of $1.48; adjusted revenue for the first quarter was $14.93 billion, while analysts had expected $15.03 billion; cloud infrastructure revenue (IAAS) for the first quarter was $3.3 billion, with analysts expecting $3.38 billion.
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Oracle stocks rose 29% in pre-market trading.
Golden Finance reports that Oracle's U.S. stock pre-market rose by 29%, with the company expecting cloud infrastructure revenue to rise by 77% to $18 billion in fiscal year 2026. Oracle's adjusted earnings per share for the first quarter were $1.47, compared to an expectation of $1.48; adjusted revenue for the first quarter was $14.93 billion, while analysts had expected $15.03 billion; cloud infrastructure revenue (IAAS) for the first quarter was $3.3 billion, with analysts expecting $3.38 billion.