Oracle's Cloud Soars: AI Demand Ignites Stock Surge

Oracle's stock price exploded over thirty percent after the tech giant predicted cloud infrastructure sales would jump seventy-seven percent this year, fueled by deals with Amazon, Alphabet, and Microsoft. CEO Safra Catz hinted at more multi-billion-dollar deals on the horizon, potentially driving the stock to new record highs. Technical analysis suggests a possible target of three hundred eighty-four dollars, while key support levels to watch are around two hundred sixty-one dollars and one hundred ninety-eight dollars. Hosted on Acast. See acast.com/privacy for more information.