Oracle Q1 2027 earnings: Stock soars as AI surge drives record $664bn backlog
Oracle (NYSE:ORCL) delivered a much stronger-than-expected first quarter, with accelerating AI cloud growth and a record $664bn backlog helping drive a sharp after-hours share price rebound. The most important takeaway is that AI demand is real and accelerating. But the results also highlight the central question for investors: can Oracle generate enough cash from its … Continue reading Oracle Q1 2027 earnings: Stock soars as AI surge drives record $664bn backlog
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