Oracle earnings lift ORCL stock price sky-high as cloud infrastructure sales projected to grow by 70%

Oracle earnings lift ORCL stock price sky-high as cloud infrastructure sales projected to grow by 70%
Oracle stock soared to record levels after beating earnings expectations, with fourth-quarter revenue of $15.9 billion, marking an 11% increase. Cloud infrastructure revenue surged by 52%, projecting further growth in FY26. CEO Safra Catz anticipates substantial revenue growth in the coming year.