Oracle's stock dropped after Q2 results missed expectations, despite cloud revenue growth and record RPO.

Oracle's stock fell after Q2 results showed a 9% revenue increase to $14.06 billion, slightly below analyst expectations. Cloud revenue grew 24% to $5.9 billion, with cloud infrastructure up 52% to $2.4 billion. Despite strong AI demand and record RPO growth, concerns over debt ($77.4 billion) and potential impacts from a TikTok ban in the US suggest it may not be the best time to invest in Oracle.

3 months ago
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