Oracle Stock Rockets On $455 Billion Revenue Pipeline: Here's What Wall Street Is Buzzing About
Oracle Corp. ORCL rocketed higher on Wednesday after the company released its first-quarter earnings report Tuesday afternoon. ORCL stock is racing higher. See the real-time price action here. Oracle reported quarterly earnings of 14.92 billion, with both figures slightly under Street estimates. However, commentary on future revenue from chairman Larry Ellison and CEO Safra Catz sent the stock surging.Here's Why Shares Soared: What fueled the stock surge was Oracle's aggressi ...