Oracle Corporation is trading 3.1% up at $189.78, bouncing after last week’s sharp post-earnings pullback and riding a broader tech-led risk-on rally.
- Investors are reassessing the company's June 10 earnings beat, which was highlighted by 93% growth in Oracle Cloud Infrastructure (OCI).
- Broader enthusiasm for AI and lower energy prices are lifting large-cap software and cloud names alongside a Nasdaq gain of more than 2%.