For much of the 2010s, Oracle (ORCL -1.98%) stock went nowhere as the legacy tech giant struggled to deliver growth and fell behind the faster growing tech stocks now known as the “Magnificent Seven.”
However, the company has been reborn in the artificial intelligence (AI) era, and the stock jumped as demand for its cloud-infrastructure services has soared, and it’s rapidly adding new data centers.
Now, Oracle has gotten another jolt with the…
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/Oracle%20Corp_%20office%20logo-by%20Mesut%20Dogan%20via%20iStock.jpg?ssl=1 "Oracle sells billion worth of common stock. What does this mean for ORCL and should you buy shares now?")