Friday, 12 September, 2025
Oracle Shares Soar 36% as AI-Cloud Demand Fuels Market Surge
Oracle stock surged 36% after reporting a sharp increase in demand from AI firms for its cloud infrastructure, propelling its market cap to $922 billion, ahead of Eli Lilly, JPMorgan Chase, and Walmart. The rally highlights the growing power of the “AI trade,” with tech giants like Oracle, Broadcom, Palantir, Microsoft, Amazon, and Nvidia making major gains. AI-related companies now account for nearly 30% of the S&P 500.
Read full story at Economic Times