Oracle expects half a trillion dollars in booked cloud orders, stock rises 27% after hours

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Info via Reuters in the stunning 27% after hours price rise:Oracle (ORCL) expects booked revenue at its Oracle Cloud Infrastructure business to exceed half a trillion dollars"Over the next few months, we expect to sign-up several additional multi-billion-dollar customers and RPO is likely to exceed half-a-trillion dollars," "We made it very easy for our customers to directly connect all their databases ... to the world's most advanced AI reasoning models — ChatGPT, Gemini, Grok, all of which are uniquely available in the Oracle Cloud," This article was written by Eamonn Sheridan at investinglive.com.