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 8.5% in early trading. Oracle's success in the cloud industry has been driven by demand from AI companies and marquee customers like Uber and TikTok. The company's performance fell short of analyst estimates, with total cloud sales slightly below expectations. Oracle executives remain optimistic about the company's momentum, emphasizing their ability to handle powerful AI workloads. [Extracted from the article]