Oracle shares surge 12% and head for record close
Publishing timestamp: 2024-03-12 13:08:37
Summary
Oracle stock spiked over 12% after reporting fiscal third-quarter earnings that beat expectations, with analysts raising price targets and maintaining buy ratings on the stock. Cloud services and license support segment saw a 12% sales increase.
Sentiment: POSITIVE
Tickers: ORCL,
Keywords: oracle corp, business, earnings, technology, business news, breaking news: technology,
Source: https://www.cnbc.com/2024/03/12/oracle-shares-surge-12percent-and-head-for-record-close.html