Oracle's recent financial results have shown a significant surge in cloud revenue, surpassing Wall Street estimates and leading to a 6.5% increase in the company's shares. The quarter ending in February saw a 25% increase in cloud revenue to $5.1 billion, indicating the stabilization of its cloud computing business. Of the total revenue, $1.8 billion came from renting out computing power and storage over the internet, while $3.3 billion was from applications.