Oracle Stock Surges on $30B Cloud Deal, Stifel Upgrade

  Published 1 year ago

Oracle shares rise 6% premarket on $30B cloud deal, 100% cloud growth, xAI partnership, and Stifel's buy upgrade.

  • Cloud agreement expected to add $30B annually by 2028, CEO highlights 100% growth.
  • Partners with xAI to offer new AI models, signaling tech collaboration momentum.
  • Stifel upgrades to 'buy', raises price target to $250 (18.91% upside) from $180.

You might like these

RBI Dovish Pause May Lower Bond Yields

5paisa Q2 FY26: Revenue Down, Profit Cut

City Union Bank Gains on Strong Q1 Show

HIL IPO Surge: Tollway Growth

HCC Wins Patna Metro Contracts

RailTel Enhances SECL Mines CCTV with Bandwidth

India Stocks: Moody's, US Debt Weigh on Markets

News that matters the most ⚡