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Oracle's quarterly revenue beats estimates as AI boom drives cloud demand

Sept 10 (Reuters) - Oracle topped Wall Street ⁠expectations for first-quarter revenue on Thursday and lifted its annual profit forecast, boosted by ⁠strong demand for its cloud computing services from surging enterprise spending on AI.

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受人工智能热潮推动云需求,甲骨文季度营收超出预期

FILE PHOTO: Oracle logo is seen in this illustration created on September 9, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

Sept 10 (Reuters) - Oracle topped Wall Street ⁠expectations for first-quarter revenue on Thursday and lifted its annual profit forecast, boosted by ⁠strong demand for its cloud computing services from surging enterprise spending on AI.

Shares of ‌the company, which have fallen more than 20% this year, rose nearly 7% in extended trading.

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