Oracle shares gain as investors focus on cloud deals, overlooking quarterly revenue miss
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Oracle shares rose in after-hours trading despite missing quarterly revenue expectations, as investors focused on future cloud-computing contracts.
March 10, 2025 | 9:00 pm
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Oracle's shares increased in after-hours trading as investors prioritized future cloud-computing contracts over the company's quarterly revenue miss.
Despite a quarterly revenue miss, Oracle's stock rose due to investor optimism about future cloud-computing contracts. This suggests a positive short-term impact on the stock price as the market is focusing on potential growth in the cloud sector.
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