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Oracle shares surge 15% to five-week high after strong earnings, upbeat revenue guidance

Buzz line2 months ago04 mins

Shares of Oracle jumped 15% in early trade on the New York Stock Exchange, reaching a five-week high of $171.76 apiece, after the company reported upbeat results for the third quarter of fiscal 2026 and boosted its revenue guidance for fiscal 2027. The shares had reached a high of $164.51 in extended trading on Tuesday…

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Oracle shares drop about 3% after news of $50 billion fundraise for cloud infrastructure expansion

Buzz line3 months ago04 mins

Oracle Corp. Shares slipped on Monday following the announcement that the company is planning to raise up to $50 billion this year through a combination of debt and equity sales. This capital will be utilized to expand its cloud infrastructure capabilities. Oracle is raising these funds to satisfy rising demand from its premier cloud clients,…

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