Oracle stock jumps on strong earnings and doubling of cloud infrastructure revenue

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Oracle stock jumps on strong earnings and doubling of cloud infrastructure revenue

⚡ Markets: Positive for Oracle (ORCL) and suggests strong enterprise demand for cloud services, potentially benefiting competitors like Amazon (AWS) and Microsoft (Azure) as well.ORCLMSFTAMZN

Oracle shares rose 7% after the company reported quarterly earnings and revenue that surpassed analyst expectations. Growth was driven by its cloud infrastructure division, where revenue more than doubled year-over-year.

West MSM: noneFinancial press 1Google West 11 country

2 sources across the spectrum

Financial pressCNBC — Oracle's stock jumps 7% on earnings beat as cloud infrastructure revenue more than doubles

Google WestGoogle News (US) — Oracle's stock jumps 7% on earnings beat as cloud infrastructure revenue more than doubles

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