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

  Published 11 months 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.

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