Oracle AI Cloud Revenue Doubles, Shares Rise 7%

Oracle shares rose 7% after the company announced that its AI cloud revenue had doubled. Strong demand for the company's cloud infrastructure and AI services drove the revenue increase. Oracle's AI-focused cloud business recorded significant growth compared to the same period last year. This performance reflects growing interest in AI solutions among the company's enterprise customers. The revenue increase shows that Oracle's investments in cloud infrastructure and AI capabilities are paying off. The company aims to sustain growth in this area in the coming period. The 7% rise in the stock price reflects investors' confidence in the company's AI strategy and future growth potential. Not investment advice.

📊 ORCL — Piyasa Yorumu

▲ up · 60%

Oracle's news of doubling its AI cloud revenue is a strong fundamental catalyst. However, the stock has fallen 2.93% in the last 24 hours and the RSI is at 35.75, near oversold territory, with MACD below the signal line. The post-news 7% rise may already be priced in; while short-term buying interest may emerge, the SMA20 resistance at 160.19 and overall weak momentum suggest limited upside potential. I expect a moderate upward move over the next 1-3 days, but volatility could be high.

RSI 14

35.8

MACD

-0.34

24h Δ

-2.93%

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