Oracle CEO Safra Catz said that the company's large sales backlog will help drive 15 per cent growth in its revenue next fiscal year, surpassing analysts' current estimates as it expands its artificial intelligence cloud services. Analysts expect revenue growth for its fiscal 2026 to be 12.6 per cent, according to data compiled by LSEG. Shares of the Austin, Texas-based company rose 2 per cent in extended trading. Oracle, which has been a latecomer to a cloud market dominated by Microsoft and