🟢 Oracle Corporation is trading 3.3% up today on strong cloud growth and AI demand amid broad tech rally

Oracle Corporation is trading 3.3% up at $190.20 as strong cloud growth and AI demand fuel a rebound alongside a broader tech rally.

• The company reported better-than-expected fiscal Q4 results, highlighted by a 93% increase in Oracle Cloud Infrastructure (OCI) revenue.
• Sentiment is further bolstered by a broad risk-on rally in U.S. equities following a U.S.–Iran peace breakthrough that eased energy and inflation concerns.