On July 6, Oracle rose 3.53% in regular trading, trading at $142.425/share, with turnover of $605 million.
On the news front, Oracle recently launched four AI agent applications embedded in Oracle Fusion Cloud Supply Chain & Manufacturing, covering inventory planning, supplier qualification, production readiness, and kanban management, along with new inventory optimization capabilities. Meanwhile, William Blair added Oracle to its recommended list, and Stephens raised its target price from $164 to $175, maintaining an equal-weight rating.
The stock continues to recover after experiencing a 19% single-week plunge — its worst weekly decline since the 2001 dot-com bubble. Currently, 71% of analysts recommend buying the stock, the highest proportion in nearly 15 years, reflecting sustained institutional confidence in Oracle's long-term AI infrastructure prospects. The broader cloud computing services sector also saw a collective rebound in today's session, with peers including CoreWeave and Nebius posting similar gains.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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