Oracle stock is set for its best year since the dot-com boom after a 75% surge
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Oracle shares have surged 75% this year, marking their best performance since 1999. The growth is driven by strong demand for cloud and AI infrastructure.
December 02, 2024 | 1:30 pm
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Oracle's stock has surged 75% this year, driven by strong demand for its cloud and AI infrastructure services, marking its best performance since 1999.
The 75% surge in Oracle's stock is attributed to strong demand for its cloud and AI infrastructure services. This significant growth indicates positive market sentiment and potential for continued performance, making it highly relevant and important for investors.
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