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Oracle Stock Soars to All-time High of $196.26
The stock price is expected to reach its best since 1999; how long can Oracle's cloud business continue its explosion?
In the past year, thanks to the high technical requirements for training ai models and support from major clients, Oracle's cloud infrastructure business has rapidly expanded. Wall Street analysts expect that this division will generate over 10 billion dollars in sales in the fiscal year ending May 2025.
Checks Suggest Oracle's Acceleration Is 'on Track,' Deutsche Bank Says
Oracle Juggles GenAI Ambitions, Tight IT Budgets: What's Next For The Stock?
Cloud business is gradually getting back on track. Oracle (ORCL.US) may have its best year in over twenty years.
As Oracle's cloud business, which was once in trouble, is now receiving attention from customers and investors, the software giant's stock price is expected to have its best performance in over twenty years.
Oracle Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts