Oracle's stock on pace for best week since 2001 on cloud momentum
1. Oracle's shares up 24% for the week post-earnings report. 2. Revenue and earnings surpassed estimates; sales projected over $67 billion. 3. CEO states demand exceeds supply due to rapid AI growth. 4. High capital expenditures expected, reaching $25 billion in fiscal 2026. 5. Oracle's client base includes high-profile firms like Meta and OpenAI.