There has been a good deal of bullish commentary of around Oracle (ORCL:NASDAQ) this year as it finally starts delivering on its long-promised cloud growth.

Year-to-date, the stock is up nearly 40%, and while most of that rally happened in the first half of the year, when investors began getting the growth bug again the shares put up double-digit gains in November.

The Austin, Texas-based company has been banging the cloud drum for more than a decade, but only recently has that optimism begun to translate into hard numbers.

In its last quarterly results (the fiscal first quarter to May 2024), published in September, Oracle reported $1.19 of earnings per share on $12.5 billion revenue, narrowly beating expectations in both cases.

Analysts are forecasting $1.32 of earnings on just over $13 billion of revenue for the second quarter to 30 November, which will come after-hours on 14 December, and current estimates point to accelerating growth rates for full year 2024 and 2025. Investors will want to see evidence of that if the stock is to maintain its recent momentum.

US UPDATES OVER THE NEXT 7 DAYS

QUARTERLY RESULTS

December 8: IES Holdings, Phreesia, Johnson Outdoors

December 11: Caseys

December 12: Uranium Energy

December 13: Adobe, Lennar, Nordson, Photronics

December 14: Oracle, Costco, Scholastic, Planet Labs,

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