<ul data-eligibleForWebStory="true"><li>Oracle's stock rose over 7% in extended trading after beating analysts' expectations and predicting accelerated cloud growth.</li><li>Fourth-quarter earnings were $1.70 per share on $15.9 billion revenue, higher than the $1.64 per share and $15.59 billion expected.</li><li>The company reported a net profit of $3.43 billion, up from $3.14 billion a year earlier.</li><li>Oracle anticipates earnings of $1.46 to $1.50 per share and revenue growth of 12% to 14% in the current quarter.</li><li>Cloud infrastructure revenue is expected to grow over 70% in the new fiscal year.</li><li>Oracle aims for $67 billion in revenue by fiscal 2026, surpassing analyst forecasts.</li><li>Revenue from cloud services and license support rose to $11.7 billion, exceeding expectations.</li><li>Oracle's success in cloud revenue is attributed to its multicloud strategy and AI initiatives.</li><li>Oracle launched AI Agent Studio with its Fusion Cloud Application Suite, enhancing its product portfolio.</li><li>The company is investing in data center infrastructure for AI, partnering with Nvidia, OpenAI, SoftBank, and MGX on the Stargate project.</li></ul>

Oracle beats expectations on ‘insatiable’ cloud demand, sending its stock higher

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