Business

Oracle Reports Strong AI Cloud Revenue Growth

Updated 2026-09-11 11:40 UTC 1 source Positive

Oracle reported a significant increase in cloud infrastructure revenue, driven by strong demand for its AI services. The company's stock jumped 6% following the earnings report.

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CNBC

Oracle jumps 6% after reporting 30% revenue growth fueled by AI cloud demand

Oracle's cloud infrastructure revenue jumped 121% since last year, reflecting demand for its AI cloud services.

2026-09-11 11:22 UTC