Reported 2 days ago
Oracle's stock has surged 74% this year as it positions itself as a leader in AI infrastructure. Recent developments include significant progress on a large-scale AI project in the UAE and the introduction of new AI agents via Oracle Fusion Applications. With a Q1 revenue growth of 12% and favorable projections for fiscal 2030, analysts have raised their price targets for Oracle, while noting potential risks in the competitive landscape.
Source: YAHOO