From Nasdaq: 2024-05-12 16:27:00

Currently, seven companies have a market capitalization exceeding $1 trillion, with Microsoft leading the pack. Most are tech giants heavily involved in cloud computing and AI. Oracle, with 2% market share in cloud infrastructure, is making strides. Despite impressive growth in cloud services revenue and demand at record levels, Oracle’s path to a trillion-dollar valuation will likely require time and continued progress. Analysts see the company’s valuation potential as considerable, positioning it as a long-term investment opportunity with growth prospects.



Read more at Nasdaq: Prediction: This Artificial Intelligence (AI) Cloud Stock Will Join Microsoft, Alphabet, and Amazon in the $1 Trillion Club