Oracle’s stock makes biggest single-day gain in 26 years on huge cloud revenue projections

Oracle Corp. missed Wall Street’s expectations as it delivered its latest financial results today, but nobody cared because it said it’s anticipating future revenue growth that’s far in excess of the most optimistic forecasts. In a statement, Oracle Chief Executive Safra Catz (pictured) said the company signed four multibillion-dollar contracts with three separate customers in […]

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