By Ananya Gairola
Publication Date: 2025-12-10 07:53:00
Oracle Corp (NYSE:ORCL) The stock could continue its recent rally, they say Risk reversal Co-Founder Guy Adami.
Oracle shares are up about 10% in the last five days. Accordingly, the price fell by around 23% from October 1st to December 9th Benzinga Pro.
Oracle’s stock price performance ahead of its earnings results is attracting Wall Street’s attention
Appearing on CNBC’s “Closing Bell Overtime” on Tuesday, Adami said he expects the stock’s current rally to continue.
“I think it will recover,” Adami said, adding that he reviewed Oracle’s Sept. 10 announcement of a big revenue deal and believes the stock overreacted at the time.
In September it was reported that Oracle had done this secured around $300 billionFive-year contract for the supply of computing power OpenAIone of the largest agreements of its kind in history.
See also: Oracle’s AI strategy rejig causes market turmoil as shares plunge 25%
Why the September sales announcement still matters
Adami said the stock rose after the company reported revenue, but…
