In the first quarter of fiscal 2025, $Oracle (ORCL)$ demonstrated strong performance, with favorable growth rates in its cloud business, and announced partnerships with $Amazon (AMZN)$ and $Google A(GOOGL)$. $Google (GOOG)$ partnership, jumping 8% after hours.PerformanceOracle's revenue for the quarter totaled $13.3 billion, up 8% year-over-year and ahead of market expectations of $13.24 billion.Cloud services revenue reached $5.6 billion, up 22 percent year-over-year, slightly below market expectations of $5.61 billion.Infrastructure revenue increased 45 percent year-over-year to $2.2 billion, demonstrating strong market demand.Ap
Q2 Earnings: What Opportunities to Focus Amid Pullback?
This week, the Q2 earnings season will see a very busy week. Tech giants including Microsoft, Meta, Apple and Amazon, semiconductor stocks like AMD, ARM and QCOM, and crypto stocks Coinbase, Microstrategy will release earnings. ------------------ Do you think this earnings season will repeat April's pattern or not? What other chances to focus as the tech stocks pullback?
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