Oracle’s stock moves higher on surging cloud infrastructure revenue growth

Oracle Corp. comfortably beat first-quarter expectations today, driven by strong growth in its cloud infrastructure business, and that boosted its stock by about 4% in late trading. The database giant reported earnings before certain costs such as stock compensation of $1.92 per share. That was a lot better than expected, as Wall Street analysts were […] The post Oracle’s stock moves higher on surging cloud infrastructure revenue growth appeared first on SiliconANGLE.