Oracle jumps about 8% after hours after reporting that 2029 revenues could jump up to $104 billion


All,

https://x.com/cfromhertz/status/1834322493571473898?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Couldn't find much additional news so far but IBRK shows 2 articles from benzinga with this news. If true, this would mean that they are nearly doubling their revenues in 5 years which is almost 14% revenue growth annually. In last 2-3 years, revenues have grownn by only about 7-8% or so.


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