Oracle stock soars as CEO says AI-fueled cloud revenue set to soar to $144 billion
Oracle (ORCL) stock jumped more than 25% in after-hours trading Tuesday as the software giant said its AI-fueled cloud revenue is set to jump to $144 billion by its 2030 fiscal year — a massive leap from the company’s projection of less than $20 billion for the business in its current fiscal year. “We expect…