'We're all kind of in shock.' Oracle's revenue projections leave analysts slackjawed
1. Oracle's stock surged 28% post-earnings, despite a revenue miss. 2. Analysts praised Oracle's cloud infrastructure growth and projected earnings. 3. Revenue for cloud services expected to grow significantly over the next years. 4. Remaining performance obligations rose 359% year-on-year to $455 billion. 5. Analyst caution highlights competition with Microsoft and Google for market share.