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Business & Industry

Briefing: Oracle stock jumps 9% on earnings beat and increased guidance as cloud revenue climbs 44%

Strategic angle: Oracle boosted its revenue backlog total by $30 billion during the February quarter.

Editorial StaffMarch 10, 20261 min read

Summary

  • Summary pending editorial review.

Key Facts

Fact Value
Stock Increase 9%
Cloud Revenue Growth 44%
Revenue Backlog Increase $30 billion

Sources