{
  "id": 6651389,
  "title": "AI: Oracle achieves record sales thanks to AI boom - annual targets raised",
  "url": "https://urgent.news/2026/09/10/ki-oracle-dank-ki-boom-mit-rekordumsatz-jahresziele-angehoben",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-10T21:47:25.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/technik/it-internet/ki-oracle-dank-ki-boom-mit-rekordumsatz-jahresziele-angehoben/100253724.html"
  },
  "original_language": "de",
  "account": "Oracle has reported a surge in profit and a record quarterly revenue, driven by its rapidly growing cloud division. The company's investments in AI data centers are paying off, with a 30% increase in revenue and operating profit in the past quarter. Oracle's quarterly revenue reached $19.3 billion, with a net income of $1.56 per share, and its order backlog grew to $664 billion. The company has raised its annual targets, expecting an adjusted profit of $8.10 per share and revenue of at least $90 billion for the 2026/2027 fiscal year. Oracle's shares rose 7% in after-hours trading on Wall Street following the announcement.",
  "summary": "The rapid growth of the cloud division brings Oracle significant increases in revenue and profit. Despite the high debt, investors react with relief to the raised forecast.",
  "key_points": [
    "Oracle's cloud division drives record quarterly revenue and 30% earnings growth",
    "Company raises annual targets to 8.10 dollars per share for 2026/2027 fiscal year"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}