Oracle’s stock moves higher on surging cloud infrastructure revenue growth

comfortably beat expectations in its first-quarter earnings results today, driven by strong growth in its cloud infrastructure business, boosting its stock by about 4% in late trading. The database giant reported earnings before certain costs such as stock compensation of $1.92 per share. That was a lot better than expected, with Wall Street […] The post Oracle’s stock moves higher on surging cloud infrastructure revenue growth appeared first on SiliconANGLE .