Oracle surges 8% on AI upgrades and a $553B backlog
Oracle is having one of its best single sessions of the year, and the reasons behind the move are rooted in something more durable than a one-day news cycle. Shares of the enterprise software and cloud giant climbed more than 8% today, decisively outperforming the broader Software and IT Services sector, which gained just 0.79% […] The post Oracle surges 8% on AI upgrades and a $553B backlog appeared first on Rolling Out.
Oracle is having one of its best single sessions of the year, and the reasons behind the move are rooted in something more durable than a one-day news cycle. Shares of the enterprise software and cloud giant climbed more than 8% today, decisively outperforming the broader Software and IT Services sector, which gained just 0.79% […]
The post Oracle surges 8% on AI upgrades and a $553B backlog appeared first on Rolling Out.