Business & Enterprise Finance2 min reading time

Oracle Japan shares surge 7% after record fiscal first quarter, bucking selloff of U.S. parent

CNBCPublished 18 days ago

Oracle Corp Japan reported record fiscal Q1 sales and profits, driven by 31.7% growth in cloud revenue and strong demand for its Tokyo and Osaka data centers. This boosted its shares by over 7%, contrasting with a drop in U.S. Oracle shares.

#cloud-computing #oracle-corp-japan #osaka #softbank #tokyo

Oracle Japan shares surge 7% after record fiscal first quarter, bucking selloff of U.S. parent

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