Oracle Posts Disappointing Growth, Denting Cloud Enthusiasm.

Oracle Corp. reported quarterly revenue in line with estimates, disappointing investors who had high expectations for the company's cloud business. Despite a 52% growth in cloud infrastructure sales, the stock fell about 7% in extended trading. Oracle's performance was seen as mixed against elevated expectations, with total cloud sales slightly below analyst estimates. The company remains optimistic about its cloud momentum, emphasizing its ability to handle powerful AI workloads and secure important clients like Meta Platforms Inc. [Extracted from the article]