Oracle stock surged 13% after positive CEO remarks, potential AI partnership, and strong revenue growth

Oracle’s stock price surged nearly 13% last week after positive remarks from the CEO and a potential AI partnership. The company reported strong growth in MultiCloud database revenue, with a contract expected to bring in over $30 billion annually by 2028. Oracle is rumored to have secured a deal with OpenAI to lease data center space for the Stargate Project. While details are scarce, these developments indicate promising growth opportunities for the tech giant. Consider expert recommendations on the best stocks to buy now, Oracle may not be among them, but historical returns show significant potential for growth.

Read more at Nasdaq: Why Oracle Stock Zoomed Nearly 13% Higher This Week