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What Oracle’s Strong Earnings Mean For Crypto Mining Stocks in Q4
Yahoo Finance·2025-09-23 03:56

Figure. Photo by BeInCrypto Crypto mining stocks are seeing major bullish forecasts as AI cloud infrastructure giant Oracle crushed its earnings to start fiscal 2026. Overall revenue increased by 12% year-over-year, while cloud revenue jumped by 28% year-over-year. But that wasn’t the real story. MultiCloud database revenue from the tech giants grew by 1,529% year-over-year in the first quarter. Oracle CEO Larry Eliason anticipates this number growing “substantially every quarter for several years.” Why ...