
Oracle Shares Surge on Cloud Deals Amidst Overlooked Quarterly Revenue Miss: A Closer Look
Oracle’s Cloud Misstep and Future Contracts: An In-depth Analysis Oracle Corp. experienced a notable surge in after-hours trading on Monday, despite reporting a disappointing quarterly revenue for the third quarter of 2023. The software giant’s revenue came in below analysts’ expectations, with a significant portion attributable to a cloud-services miss. However, investors appeared to have…