Oracle shares rose about 40% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, underscoring its deeper push into the backbone of artificial intelligence systems.

Oracle is soaring as investors cheer its aggressive data-center forecast as a positive sign for AI demand.

Oracle's growth signals the end of experimental AI and urgent need for enterprises to secure production infrastructure now.

Oracle shares surged about 43% to a record high on Wednesday, putting the company on track to join the elite trillion‑dollar club, after it showcased its rise as a major AI cloud provider.

Ellison's net worth skyrocketed to $393 billion Wednesday — a one-day, $101 billion leap that vaulted him past Musk.

Oracle's blistering stock gain amid strong AI demand has Wall Street analysts racing to raise their price targets—with most expecting its record run isn’t over yet.

What Happened in Markets Today Oracle shares shot up 36% after the company gave a shockingly strong sales forecast. The software giant sparked a rally after surprising investors late Tuesday with news that it had $455 billion of remaining performance obligations—i.

Oracle stock is on pace for its best day this century as analysts heap praise on the 48-year-old tech firm's fiscal Q1 report.

The artificial intelligence trade got a shot of adrenaline on Wednesday after results from database software and cloud provider Oracle suggested the AI spending bonanza has ample room to run.