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Oracle earnings lift ORCL stock price sky-high as cloud infrastructure sales projected to grow by 70% [Yahoo! Finance]
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Most Read from Fast Company Starbucks just developed an ingenious way to add 15 grams of protein to almost any drink 5 ways to rewire your brain for happiness Gen Alpha side hustles: How kids are earning big online before they can even drive After rising nearly 8% in after-hours trading following the earnings release Wednesday evening, Oracle (NYSE: ORCL) has continued to rise throughout the day on Thursday. The stock reached an all-time record of $202.04 at 12:30 p.m. Thursday, and has been steady since then. Oracle's financial results for the fourth quarter showed $15.9 billion in total revenue, up 11% from the previous quarter. The ??net income for the quarter was $3.4 billion, with an earnings per share of $1.19. Growth in Oracle's cloud infrastructure revenue was particularly strong, jumping 52%, and it shows no signs of slowing in fiscal year 2026. The company's cloud infrastructure sales are projected to grow over 70% next fiscal year. Today, Oracle got the ball ro
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