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Oracle ORCL: Earnings Exceed Expectations, Stock Rises

November 30, 2024
Oracle Corporation (ORCL) reported better-than-expected earnings for the quarter, leading to a surge in its stock price. The tech giant's strong performance was driven by robust growth in its cloud services division. With increasing demand for cloud computing solutions, Oracle has positioned itself as a market leader, attracting investors' attention. As a result, the company's shares rose by x% on November 27. Experts from Stocks Prognosis recommend considering investing in Oracle ORCL, as its positive earnings report indicates a promising future for the company.
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