Oracle pops 27% on cloud growth projections even as earnings miss estimates

https://www.cnbc.com/2025/09/09/oracle-orcl-q1-earnings-report-2026.html

• Oracle said in its earnings report that remaining performance obligations jumped 359% from a year earlier.
• The company now sees $144 billion in cloud infrastructure revenue in the 2030 fiscal year, up from $10.3 billion in fiscal 2025.
• The database software company announced deals with Google and OpenAI during the quarter.