Oracle’s Meteoric Ascent: A Devil’s Earnings Dance

The catalyst? A quarterly report so resplendent with numbers it could have lit up the Kremlin. Revenue of $14.9 billion-up 12%-and adjusted EPS of $1.47 (a 6% rise) arrived like a telegram from a long-lost uncle, brimming with unearned optimism. Yet the true marvel was not the numbers themselves, but the shadow they cast: a $455 billion backlog of contracts, a figure so vast it might have made Stalin reconsider his Five-Year Plan.





