Oracle's $553 Billion Backlog Is Either a Gold Mine or a Mirage. Earnings Just Revealed the Answer.

Oracle ended its fiscal third quarter with $553 billion in remaining purchase obligations -- up 325% year over year.

Prediction: Oracle Will Be Worth More Than Meta by 2028. Here's Why.

While there is a big gap between Meta Platforms and Oracle's market caps right now, the latter can still overtake the social media giant.