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Oracle's US stock market surged 14% after market hours. According to its financial results for the third quarter of the 2024 fiscal year, Oracle's total revenue for the quarter reached $13.3 billion, a year-on-year increase of 7%, and its net profit reached $2.4 billion, a year-on-year increase of 26%. Among them, cloud services and licensing support revenue increased by 12% in US dollars, reaching 10 billion US dollars. According to Oracle's management, an exciting joint statement with Nvidia will soon be released. Previously, the company's outlook for the 2026 fiscal year may have been too conservative.
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