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Oracle Soars 27% Despite Earnings Miss—$455B Cloud Backlog!

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Oracle Soars 27% Despite Earnings Miss—$455B Cloud Backlog!

Oracle stock rockets 27% after Q1 earnings miss—$455B cloud backlog steals the spotlight! Dive into how Oracle’s latest report shook up the market: * Q1 revenue: $14.93B * Adjusted EPS: $1.47 (below estimates) * Cloud backlog: $455B (up 359% on four multibillion deals) * Cloud infrastructure revenue guidance: +77% to $18B this year * Five ...

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