GPT Does Not Expect a Material Impact on 2026 Earnings
GPT Does Not Expect a Material Impact on 2026 Earnings
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Oracle posts record Q1 revenue, lifts cloud growth
Oracle reported record first-quarter revenue of $19.3 billion, up 30% year over year, with cloud infrastructure revenue up 121% to $7.4 billion. The company also completed a $20 billion equity issuance and guided Q2 revenue growth of 30% to 34%.
Shopify Q2 revenue rises 34%, GMV climbs 32%
Shopify reported second-quarter 2026 GMV of $116 billion, up 32% year over year, and revenue of $3.6 billion, up 34%. The company also said free cash margin was 18% and gave Q3 revenue growth guidance in the low 30s percent range.