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Nasdaq Moves Higher; Oracle Shares Jump After Upbeat Q4 Results

1. Oracle's stock jumped 13% after strong Q4 results. 2. Revenue of $15.9 billion surpassed expectations of $15.58 billion. 3. Adjusted earnings per share were $1.70, beating estimates of $1.64.

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FAQ

Why Very Bullish?

Oracle's significant earnings beat and positive outlook historically correlate with stock price increases.

How important is it?

Strong earnings and positive outlook often lead to increased investor confidence in tech stocks.

Why Short Term?

Stock typically reacts immediately to earnings reports, reflecting investor optimism quickly.

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