Oracle shares jump 13% on earnings and revenue beat
Publishing timestamp: 2024-09-09 20:14:11
Summary
Oracle beat expectations in its fiscal first quarter report, with revenue and earnings per share exceeding Wall Street estimates. The company's shares rose 13% and are on track to close at a record high. Oracle also announced a partnership with Amazon Web Services to bring its database services to the cloud infrastructure market.
Sentiment: POSITIVE
Keywords: business, larry ellison, oracle corp, enterprise, earnings, amazon.com inc, breaking news: technology, alphabet inc, breaking news: earnings, technology, business news,
Source: https://www.cnbc.com/2024/09/09/oracle-orcl-q1-earnings-report-2025.html