Oracle Corporation’s stock surged to an all-time high following robust quarterly results and a positive sales outlook, driven by its cloud infrastructure segment. Analysts noted that the company anticipates ‘dramatically higher’ revenue growth for the fiscal year, with cloud infrastructure expected to grow over 70%. Oracle’s shares increased by 13%, closing at approximately $200, marking it as one of the top gainers in the S&P 500. Technical analysis suggests potential upside targets around $275, with key support levels identified at $180 and $154.
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