Oracle Corp. shares soared as much as 15% on Wednesday after the software and cloud services company reported strong sales ...

The cloud-computing company posted a profit of $3.72 billion and raised its fiscal 2027 revenue outlook to $90 billion as AI demand continues to outpace supply.

Oracle executives say the company's cloud computing business is growing like gangbusters, but some partners told CRN this week that they don't think Oracle's cloud sales figures tell the real story.