Oracle ORCL stock rose more than 7% in extended-hours trading after the company reported its fourth-quarter fiscal 2025 earnings, wherein both top and bottom lines beat the Zacks Consensus Estimate. Oracle also raised its annual revenue growth forecast,

Oracle shares surged 14% to breach the $200-mark for the first time on Thursday, after the company raised its annual revenue forecast, driven by strong demand for its AI-related cloud services. Confidence in the software sector remained strong despite geopolitical tensions,

Oracle shares jumped following an upbeat forecast on Wednesday when it said its pipeline of cloud computing contracts would more than double next year. Shares in the company rose nearly 8 per cent in after-hours trading in New York as the tech company reported fiscal fourth-quarter revenue rose 11 per cent to $15.