Why Is Oracle Stock Surging on Monday?
Oracle Corp (NYSE: ORCL) stock surges as investors weighed an expanded Google Cloud AI partnership and a $638 billion backlog.
Oracle made a bigger deal with Google to work together on AI (smart computer brains), and has lots of future work lined up worth $638 billion. This makes investors feel more confident that Oracle will keep making money.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.