What Oracle's Breakout Can Tell Us About Big Tech Moves
Subscribers to Chart of the Week received this commentary on Sunday, September 14.Earlier this week, Oracle Corp (NYSE:ORCL) surged 36% -- its best daily percentage jump since Dec. 23, 1992 -- the company’s $922.22 billion market cap inching closer to the trillion-dollar club. The Austin-based tech conglomerate has taken the AI industry by storm, Tuesday night unveiling four new multi-billion-dollar contracts that overshadowed a fiscal first-quarter earnings and revenue miss. The icing on the cake was a shi ...