Oracle shares pop 15% to record high on earnings beat, cloud optimism
1. Oracle shares rose 15% after robust earnings and strong cloud growth. 2. Revenue topped estimates at $15.9 billion, exceeding analyst forecasts. 3. Analysts increased price targets significantly, signaling optimism for ORCL. 4. The company forecasts revenue over $67 billion for the next fiscal year. 5. Cloud demand outstrips supply, presenting growth opportunities but also challenges.