Oracle Stock Surges After Earnings Report

Oracle Corp (NYSE: ORCL) stock is surging after the company reported stronger than expected fiscal third quarter earnings and highlighted massive demand for AI infrastructure. Oracle reported revenue of $17.19 billion, beating analyst estimates of $16.91 billion. Adjusted earnings came in at $1.79 per share, above the $1.71 consensus estimate. The biggest driver was Oracle’s cloud business. Cloud Infrastructure revenue jumped 84% year over year to $4.9 billion, while Cloud Applications generated $4 billion, showing broad demand across the company’s cloud ecosystem. Management also pointed to AI data center demand as a major long term catalyst. Oracle said AI accelerators are already generating 30% to 40% gross margins, while adjacent cloud services such as compute, storage and networking can deliver margins of 60% to 80%. Looking ahead, Oracle projected fiscal 2027 revenue of $90 billion, above analyst expectations of $86.63 billion. The results are fueling a sharp move in Oracle shares as investors continue to look for companies benefiting from the AI infrastructure boom. Disclaimer: This video contains AI generated content. #Oracle #AIStocks #CloudComputing 🖥️ Try Benzinga Pro FREE with a 14 day trial: https://www.benzinga.com/pro/register 📈 Take your trading to the next level with our suite of premium research services and tools: https://www.benzinga.com/services 🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. 📲 Follow us on socials @benzinga ------------------------------------------------------------------------------------ 🔹Free Benzinga Webinars: https://www.youtube.com/watch?v=LQ2jOJNkDfI&list=PL4k0fH8EgI3YTdqniRmxrvz97w3IQ61rD 🔹Benzinga Pro Tutorials: https://www.youtube.com/watch?v=a2FaHhLIrks&list=PL4k0fH8EgI3YMwoBMFXGvVMkgixFymmei&pp=gAQB 🔹Earnings Calls: https://www.youtube.com/watch?v=C2-AoCw64Ok&list=PL4k0fH8EgI3buZI5529R53wJUNd9NS4_s 🔹Premarket Playbook: https://www.youtube.com/playlist?list=PL4k0fH8EgI3ZVRPM7INpG--GvohnBVTnT 🔹Benzinga's All Access: https://www.youtube.com/playlist?list=PL4k0fH8EgI3bQSn91atO-3lPT4V6Nwsmh 🔹Subscribe To The Channel: https://www.youtube.com/@Benzinga ------------------------------------------------------------------------------------ ⚠️ Disclaimer: Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes. #StockMarket #StockMarketNews #Trading #StockMarketLive #Stocks #stocktrading #learntotrade #DayTrading #StockMarketToday