Oracle Aktie News

Oracle stock has been rallying since the tech giant said Monday it had landed a $30 billion annual cloud deal.

While there are questions about a contract that will ultimately add more than $30 billion in revenue annually, Bernstein analysts think the arrangement will bring Oracle closer to its larger cloud competitors.

Shares of Oracle (ORCL 0.36%) were on the move last month as the legacy tech giant best known for database software continues to impress investors with its growth in cloud infrastructure, showing it's capitalizing on the artificial intelligence (AI) boom.

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After declines earlier in the year, many artificial intelligence (AI) stocks have rebounded and even skyrocketed amid optimism that U.S. trade decisions won't weigh heavily on growth. Which of these players might continue to soar after reaching record highs recently?

Oracle Corp (NYSE:ORCL, ETR:ORC) shares rose almost 5% on Monday, reaching an all-time high of around $222 on the news it has signed several large cloud services deals, including one which is expected to generate more than $30 billion in annual revenue starting in fiscal year 2028. This deal is one of the largest cloud contracts on record and nearly triples the size of Oracle's current infrastr...

Oracle (ORCL 4.36%) stock is seeing big gains in Monday's trading. The company's share price was up 4.6% as of 1:40 p.m.

S&P 500 and Nasdaq hit highs as AI, Fed rate cut bets lift US stocks. Traders watch July 9 trade deadline and Powell's comments for market direction.