Oracle's fiscal first-quarter results showed the company is benefiting from AI cloud demand. But gains for Oracle stock may still be held back by concerns about the costs to serve that demand. Oracle (ORCL) late Thursday reported a stronger-than-expected 30% rise in revenue for its August quarter, powered by a 121% sales jump for its cloud infrastructure business.
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Oracle’s stock gets a boost as the OpenAI ecosystem comes back into favor
marketwatch.com
08.09.2026
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