Oracle's AI Bet: Stock Surges After Layoffs
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Oracles stock surged five percent following layoffs and a new AI data platform, signaling a focus on AI and cloud services. Wall Street applauded the move, sparking a broad market rally. Despite a twenty-five percent drop since January, long-term holders still see gains, with a one thousand dollar investment five years ago now worth two thousand ninety-two dollars.
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