Oracle Corporation’s stock price rose on Tuesday after the business software company reported better-than-expected earnings for the fourth quarter. The company’s revenue grew 3% year-over-year to $10.8 billion, while earnings per share came in at $1.12, surpassing analysts’ estimates. Oracle’s cloud business, which includes infrastructure-as-a-service and software-as-a-service offerings, saw revenue growth of 11% in the quarter. The company also announced a $15 billion share buyback program.
