Oracle Shares Surge to Record High on Strong Cloud Growth, Upbeat Outlook

Date:

The company sees the growth rate of cloud infrastructure accelerating from 50 percent in fiscal 2025 to more than 70 percent in fiscal 2026.

Oracle Shares Surge to Record High on Strong Cloud Growth, Upbeat Outlook

Oracle’s logo is seen at the Mobile World Congress in Barcelona, Spain, on Feb. 27, 2024. Pau Barrena/AFP via Getty Images

Panos Mourdoukoutas

|Updated:

News Analysis

Oracle Corporation maintained its growth momentum in the fourth quarter of fiscal 2025, driven by a strong performance from its cloud and license support business segment. The company’s shares exceeded their all-time high during the June 12 trading on the back of its upbeat outlook.

Panos Mourdoukoutas

Panos Mourdoukoutas

Author

Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron’s, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China’s Challenge.”

Author’s Selected Articles

spot_imgspot_imgspot_img

Share post:

More like this
Related

Trump Threatens 100 Percent Tariff Over Digital Services Tax

President Donald Trump said on June 26 that countries...

NVIDIA CEO Says Using Smuggled AI Chips for Data Centers Is a Dead End

The logo of Nvidia Corporation is seen during the...

At Nuclear Woodstock, Developers Celebrate Rapid Advancements in Reactor Design

Radiant Energy Chief Executive Officer and Founder Doug Bernauer...

US Goods Trade Deficit Jumps Sharply on War-Fueled Surge in Imports

America’s goods trade deficit widened in May, driven by...