Oracle's overall revenue increased 22% year over year in the fiscal third quarter, which ended on Feb. 28, according to a statement. Net income rose to $3.72 billion, or $1.27 a share, from $2.94 ...

For the first time in over a decade and a half, Oracle says it grew both revenue and earnings by at least 20%.

The market's enthusiasm for AI is having a material impact on this tech stalwart's financials.