Oracle surges on AI cloud growth as customers race to secure computing capacity

Bullish Oracle Options Holders In Line for $1.5 Billion Windfall

Investors who owned options betting on a rally in Oracle Corp. saw the value of their holdings jump by around $1.5 billion after the software maker’s stock soared on strong demand for its cloud computing business.

Software company Oracle shares surge more than 35% on huge AI deals

Oracle shares surged more than 35% in early trading Wednesday after the software giant projected massive revenue growth based on contracts tied to artificial intelligence.

Oracle stock hits all-time high at 318.42 USD By Investing.com

Oracle stock hits all-time high at 318.42 USD

Oracle Shares Skyrocket as Software Giant Scores Massive AI Deals

Multiple multibillion-dollar contracts, with more on the way, rally shares by more than 38%

Oracle surges on AI cloud growth as customers race to secure computing capacity

Oracle shares soared about 35% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, underscoring its deeper push into the backbone of artificial intelligence systems.

Software Company Oracle Shares Surge 35% On Huge AI Deals

Shares of Oracle surged more than 35 percent in early trading Wednesday after the software giant projected huge revenue growth based on contracts connected to artificial intelligence.