Oracle profit beats as cloud shift gains steam, shares at record

(Reuters) - Oracle Corp's quarterly profit blew past Wall Street estimates and the business software maker forecast an upbeat current-quarter earnings, indicating that the company's transition to cloud is starting to pay off.As part of the efforts, the company and AT&T Inc signed in May a deal under which the U.S. telecom provider agreed to move some of its large-scale databases to Oracle's cloud platform."In the coming year, I expect more of our big customers to migrate their Oracle databas