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Oracle shares rise as AI cloud backlog beats estimates
Source: reuters.com
Corporate EarningsCompany FundamentalsTechnology & InnovationCredit & Bond Markets
Oracle shares rose 5.5% premarket after stronger-than-expected quarterly results. The earnings performance eased investor concerns over the cloud computing and software company's large debt-funded spending program.
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Overall Sentiment
moderately positive
Sentiment Score
0.42
Ticker Sentiment
ORCL0.72
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