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Oracle's stock surge: Why Wall Street is excited about the tech giant
Oracle reported first quarter results that fell short of analyst estimates, but Wall Street didn't care. Investors were excited by what CEO Safra Catz said in the release, "We expect Oracle Cloud Infrastructure revenue to grow 77% to $18 billion this fiscal year—and then increase to $32 billion, $73 billion, $114 billion, and $144 billion ...
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