Oracle shares soar as AI cloud demand propels revenue forecast

June 12, 2025

, By The Economic Times

Share via:

rel=”dofollow” href=”https://economictimes.indiatimes.com/oracle-financial-services-software-ltd/stocks/companyid-3160.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Oracle shares surged nearly 8% in premarket trading on Thursday after the company raised its annual ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/revenue-forecast” target=”_blank”>revenue forecast, driven by strong demand for its AI-related cloud services.

The stock has risen nearly 6% so far this year as confidence in the software sector remained strong despite geopolitical tensions, even as analysts warn that U.S. President Donald Trump’s tariffs could undermine Big Tech’s AI investments.

Earlier this year, Oracle, whose cloud offerings help companies build their AI infrastructure, announced a joint venture called Stargate to…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Previous News

Happiest Minds Technologies appoints Anand Balakrishnan as CFO

Next News

How AI sales startup Landbase nabbed Ashton Kutcher’s Sound Ventures to lead its $30M Series A

The Economic Times

Popular

More Like this

Oracle shares soar as AI cloud demand propels revenue forecast

June 12, 2025

, Published By The Economic Times

rel=”dofollow” href=”https://economictimes.indiatimes.com/oracle-financial-services-software-ltd/stocks/companyid-3160.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Oracle shares surged nearly 8% in premarket trading on Thursday after the company raised its annual ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/revenue-forecast” target=”_blank”>revenue forecast, driven by strong demand for its AI-related cloud services.

The stock has risen nearly 6% so far this year as confidence in the software sector remained strong despite geopolitical tensions, even as analysts warn that U.S. President Donald Trump’s tariffs could undermine Big Tech’s AI investments.

Earlier this year, Oracle, whose cloud offerings help companies build their AI infrastructure, announced a joint venture called Stargate to…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

Previous News

Happiest Minds Technologies appoints Anand Balakrishnan as CFO

Next News

How AI sales startup Landbase nabbed Ashton Kutcher’s Sound Ventures to lead its $30M Series A

The Economic Times

More like this

Popular

Block title