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Oracle shares are up 50%+ YTD, well outpacing the Nasdaq's 14% rise, as the 47-year-old company becomes an attractive cloud-computing provider fo


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2024-09-10 14:27:11
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Tom Dotan / Wall Street Journal:

Oracle shares are up 50%+ YTD, well outpacing the Nasdaq's 14% rise, as the 47-year-old company becomes an attractive cloud-computing provider for AI developers  —  Long-stagnant stock is up 34% thanks to its neutral status in the booming market for AI computing power




Tom Dotan / Wall Street Journal:

Oracle shares are up 50%+ YTD, well outpacing the Nasdaq's 14% rise, as the 47-year-old company becomes an attractive cloud-computing provider for AI developers  —  Long-stagnant stock is up 34% thanks to its neutral status in the booming market for AI computing power



Source: TechMeme
Source Link: http://www.techmeme.com/240910/p8#a240910p8


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