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Oracle's Stock Soars 74% in 2024 Amid AI Demand and Revenue Growth

Analyzed 7 sources • 1d ago • Saved 20 min • Updated 0m ago
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Oracle's Stock Soars 74% in 2024 Amid AI Demand and Revenue Growth

Cat Icon 1368+ Words Refined into 6 Facts by AI • 4 sources • 1d ago
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Related Update: 2 hours later

Oracle's Growth Continues Amid Market Predictions

Cat Icon 534+ Words Refined into 4 Facts by AI • 1 source • 1d ago
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    • Oracle's cloud-native AI customers grew by 162% year-over-year.
    • Goldman Sachs predicts the IaaS market could reach $580 billion by 2030.
    • Despite growth, Motley Fool Stock Advisor did not include Oracle in top picks.
    • Oracle's valuation remains attractive compared to the Nasdaq-100 index.
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Related Update: 20 hours later

Oracle Sees Major Growth in AI Customers

Cat Icon 384+ Words Refined into 3 Facts by AI • 1 source • 12h ago
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    • Oracle's cloud-native AI customers grew by 162% year-over-year.
    • AI-specific contract values reached $3 billion in fiscal Q1.
    • Oracle's stock is trading at 29 times forward earnings.
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Related Update: 12 hours later

Oracle's Stock Rises Amid AI and Healthcare Focus

Cat Icon 402+ Words Refined into 4 Facts by AI • 1 source • 0m ago
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    • Oracle's shares rose by 21.27% since September
    • Company focuses on unifying healthcare databases with AI
    • Oracle's AI-driven database architecture outperforms Epic Systems
    • Analysts predict promising growth for Oracle's future
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