Oracle hovers near $1 trillion valuation on AI-driven gains

Ana Maria Rus

Oracle's shares dipped slightly on Thursday, following a record-breaking surge in the previous session driven by strong gains in the company's AI cloud business. The enterprise software maker's remarkable rise, fueled by a wave of multi-billion-dollar cloud deals, puts the spotlight on the scramble for computing power from companies that are pouring billions to become leaders in the AI race. "Oracle lit a fire under the rekindled AI trade," said Richard Hunter, head of markets at Interactive

Oracle nears $1 trillion valuation, Ellison edges toward richest-person title https://www.channelnewsasia.com/ - 11.09.2025 15:01
Oracle marches toward $1 trillion club; tech stocks cheer https://www.channelnewsasia.com/ - 11.09.2025 12:58

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Oracle nears $1 trillion valuation, Ellison edges toward richest-person title https://www.channelnewsasia.com/ - 11.09.2025 15:01
Oracle marches toward $1 trillion club; tech stocks cheer https://www.channelnewsasia.com/ - 11.09.2025 12:58