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

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

The company's remaining performance obligations, or RPO, the most popular measure of booked revenue, jumped 359% to $455 billion in the first quarter, ended August 31. Over the next few months, we expect to sign-up several additional multi-billion-dollar cust…

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