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Posted by
Two Blokes Jun 13 -
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Stock
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Oracle Corp (NYSE:ORCL, ETR:ORC)'s shares jumped in US trading overnight after the company released impressive results for the fourth quarter and full financial year, with total quarterly revenues up 11% year-over-year to $15.9 billion. The strong performance was driven by robust demand for Oracle's cloud infrastructure and applications, with cloud revenues climbing 27% to $6.7 billion, marking a major growth area for the company.
