{"id":1034664,"date":"2026-09-12T08:10:29","date_gmt":"2026-09-12T02:40:29","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1034664"},"modified":"2026-09-12T08:35:03","modified_gmt":"2026-09-12T03:05:03","slug":"oracle-shares-rise-as-ai-cloud-backlog-beats-estimates","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/12\/oracle-shares-rise-as-ai-cloud-backlog-beats-estimates\/","title":{"rendered":"Oracle shares rise as AI cloud backlog beats estimates"},"content":{"rendered":"<p>Oracle shares rose 5.5% premarket on Friday after the cloud computing and software company&#8217;s stronger-than-expected quarterly results eased concerns around its massive debt-driven spending spree. <\/p>\n<p>The Austin, Texas-based firm booked more than $30 billion of additional AI cloud contracts in the first fiscal \u200cquarter, boosting \u2060its \u2060revenue backlog to $664 billion, above analyst estimates of $639.89 billion, according to data from Visible Alpha.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oracle shares rose 5.5% premarket on Friday after the cloud computing and software company&#8217;s stronger-than-expected quarterly results eased concerns around its massive debt-driven spending spree. The Austin, Texas-based firm booked more than $30 billion of additional AI cloud contracts in the first fiscal \u200cquarter, boosting \u2060its \u2060revenue backlog to $664 billion, above analyst estimates of $639.89 billion, according to data from Visible Alpha.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1034664","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1034664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1034664"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1034664\/revisions"}],"predecessor-version":[{"id":1034681,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1034664\/revisions\/1034681"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1034664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1034664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1034664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}