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Oracle 1Q services revenue $1.4B

Oracle NYSE:ORCL topped Wall Street expectations for first-quarter revenue on Thursday and lifted its annual profit forecast, boosted by strong demand for its cloud computing services from surging enterprise spending on AI.The upbeat report indicates that Oracle's heavy investment in data centers i…

ORCL

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08:10:35 PM UTC
SquawkNews
Oracle NYSE:ORCL topped Wall Street expectations for first-quarter revenue on Thursday and lifted its annual profit forecast, boosted by strong demand for its cloud computing services from surging enterprise spending on AI.The upbeat report indicates that Oracle's heavy investment in data centers i…

This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.