Oracle Stock Soars to All-Time High on Strong Earnings

From Yahoo Finance: 2025-06-12 17:45:00

Oracle shares surged 13% to a record high after forecasting strong AI-driven revenue growth. The S&P 500 rose 0.4% on Thursday following a report of cooler-than-expected wholesale inflation in May. Boeing shares dropped after a 787-8 Dreamliner jet crashed in India. Oracle’s cloud infrastructure revenue surged 52% year-over-year to $3 billion, leading to a 13.3% stock jump. Gold prices rose due to geopolitical tension and potential Fed rate cuts. Cardinal Health raised profit forecasts and announced strategic initiatives, boosting shares by 4.6%. Boeing shares fell 4.8% after a plane crash in India. Coinbase Global shares slipped 3.8% as Bitcoin prices dropped. Omnicom shares declined 2.9% amid a proposed merger with Interpublic Group.



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