Oracle Beats Q1 Estimates as AI Cloud Demand Surges
Oracle beat Q1 estimates with $19.3B revenue (+30%) and $1.92 adj. EPS. AI demand lifted cloud infrastructure 121%.
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Oracle beat Q1 estimates with $19.3B revenue (+30%) and $1.92 adj. EPS. AI demand lifted cloud infrastructure 121%.
Copart will pay $10.50 a share in cash for ACV, a $1.9B deal. Revenue beat estimates; profit and EPS declined from last year.
Adobe raised targets after a modest Q3 beat. AI ARR jumped 150% and users hit 1B, yet after-hours reaction stayed choppy and mixed.
Constellation will buy the 609-MW Rhode Island State Energy Center from Shell for $715 million. The deal is expected to close in early 2027.