From Quartz.

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Oracle’s March results underscored cloud and AI momentum and clarified funding for major contracts, developments that mattered to investors. Oracle earnings, OCI growth, and cloud revenue were focal points as the company reported $17.2 billion in revenue, OCI up 84%, and cloud up 44%. RPO reached $553 billion, with management saying much of the increase came from large AI contracts funded upfront, while capex guidance stayed at $50 billion and a $90 billion fiscal 2027 revenue target remained.

Analysts sounded more confident, with Wedbush calling it a “huge relief.” Oracle cited $29 billion in prepaid or customer‑supplied AI deals, 400MW delivered, 32% AI margins, multicloud database revenue up 531%, and 1,000+ AI agents deployed. #oracle #cloudcomputing #earnings #investing

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