Oracle's AI-Fueled Growth Silences Doubters -- for Now

Oracle (NYSE: ORCL) might well be the Rodney Dangerfield of cloud providers -- "I don't get no respect." Despite reporting better-than-expected results for two consecutive quarters, the stock has fallen 54% over the past six months. Soaring capital spending and fears about a slowing in demand for artificial intelligence (AI) have weighed on the cloud infrastructure and AI provider.After the market closed on Tuesday, Oracle reported its results, and the stock is finally getting a little love, climbing roughly 11% in after-hours trading.Image source: The Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool