Oracle has new presidents. One person said they are considered part of the cloud company's succession plan.

Shares of tech giant Oracle (NYSE: ORCL) rallied another 7.8% on Friday, even as the broader Nasdaq Composite was down 1.3% on the day. The notable and divergent outperformance came after a series of sell-side analyst upgrades in the aftermath of Wednesday's blowout earnings report.

From an underdog priced at a heavy discount, Oracle is now emerging as a leader in the cloud with a stock that is priced accordingly. Learn more on ORCL stock here.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Chief Executive Safra Catz late Wednesday called for “dramatically higher” revenue growth rates in the fiscal year ahead.

Oracle shares soared to a record high Thursday, a day after the company projected “dramatically higher" revenue growth in its current fiscal year.

Oracle raised its annual revenue growth forecast on Wednesday, betting on robust demand for its cloud offerings from companies deploying artificial intelligence, sending its shares up more than 7% after the bell.

The cloud-services company logged double-digit revenue growth in the fourth quarter and set its sights on even bigger gains in the fiscal year ahead, pushing shares higher after hours.

The Breville Oracle Jet streamlines brewing and offers plenty of customizations, making espresso approachable for beginners — and fun for pros, too