Storming earnings see infrastructure IT firm tear up growth assumptions
Oracle (ORCL:NYSE) $302.14 Gain to date: 82% Investors won’t often see a company’s market cap jump $250 billion in a single day, and of all the tech companies to reinvent themselves through the power of AI, Oracle (ORCL:NYSE) may be one of the more surprising. Blowout earnings (9 September) saw shares in the software infrastructure giant surge 36%, its biggest single-day gain in more than 30 years, after its...