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Oracle tops estimates as AI demand tempers cash-burn fears

Shares of the company, which have slumped more than 21% this year, rose 4% in extended trading after Oracle reported a jump in revenue backlog, a key metric on future revenue growth prospects.

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Economic TimesLean R·2h ago
Oracle tops estimates as AI demand tempers cash-burn fears
Shares of the company, which have slumped more than 21% this year, rose 4% in extended trading after Oracle reported a jump in revenue backlog, a key metric on future revenue growth prospects.
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Oracle tops estimates as AI demand tempers cash-burn fears

How 1 sources are covering this

Oracle tops estimates as AI demand tempers cash-burn fears

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