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Oracle Stock Soars on Big AI Cloud Growth
Oracle's cloud business is booming, driven by strong demand for its artificial intelligence services.
Oracle, a big tech company, just shared exciting news. Its stock rose 6% after a new report. The company's income grew 30% overall.
This growth comes from its cloud services. Oracle's cloud infrastructure income jumped 121% from last year. This shows how much companies want Oracle's AI cloud. They use it to power their new AI programs.
More and more businesses need powerful computers for AI. Oracle provides these services. This demand makes Oracle a strong player in the AI world. Investors see a bright future for the company.
Source: CNBC
#Trading#Oracle#AI#Cloud Computing
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