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 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.