🟢 Software ETF (IGV) is trading 5.21% up in after-hours trading after Oracle's cloud infrastructure revenue rose 121%

IGV is trading at $106.83, up +5.21%, driven by Oracle's strong fiscal Q1 results and cloud infrastructure growth.

• Oracle reported $19.35 billion in revenue, while cloud infrastructure revenue rose 121% to $7.4 billion, reinforcing demand for enterprise cloud and AI infrastructure.
• Adobe beat quarterly estimates but issued slightly soft fourth-quarter revenue guidance, partially offsetting sector gains.
• Broader risk-on trading and higher major indexes further supported software stocks.