Oracle's cloud installs can grow off of new partnerships

) shares are moving higher after Tuesday's market close. The cloud computing company posted adjusted earnings of $1.63 per share and $14.29 billion in revenue .

Moments ago, the stock seems to be rising on those announcements with Google and with Microsoft and Open A I joining us now Dan Morgan, senior portfolio manager at so novas Trust. The all important number, which is cloud services revenue, which as you mentioned, they missed slightly and we also saw the overall growth rate fall to about 20% compared to 25% in the third quarter.But then they beat on their OC I number, their infrastructure cloud business, as you mentioned was a little bit better expected around 2 billion.

Do you consider Larry Ellison's company to be one of them, Dan, you know, we do, I mean, I look at Oracle as a dominant player database.Josh, I've been following Oracle for over 30 years and they've got into all the other hot businesses in the past and then they got into cloud and you know, they do have a bit of a distinct advantage over, let's say an alphabet or Google or GCP.

The fact that they're able to put together these partnerships and be able to work together opposed to working against each other is huge.Uh to this announcement, I think Josh and Julie, if we were to not have those announcements that they made with those partnerships with GCP and with Azer, um I think you might have gotten a little bit of a different reaction on this stock with this earnings report because of that myth that they had in cloud services.

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