Oracle surges 15% to hit record high after Q1 cloud bookings swell on AI boom, stock up 33% YTD | Stock Market News
Source: Live Mint Oracle Corp. shares reached an all-time high following the company’s announcement of profits and bookings that exceeded expectations, indicating that the growing demand for artificial intelligence is driving growth in its cloud computing sector. On Tuesday morning in New York, the shares surged up to 15 per cent, reaching a record intraday…