Oracle jumps as surge in remaining performance obligations overshadows Q1 miss

8 hours ago 1
Oracle Corporation

Mesut Dogan

Oracle (NYSE:ORCL) shares surged 11.8% in extended trading on Tuesday after the IT giant reported a massive surge in remaining performance obligations that overshadowed fiscal first-quarter results that missed expectations.

For the period ending Aug. 31, the Safra Catz-led company said it

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