Stock market today, February 9: Oracle rebounds as AI spending reshapes its cloud growth story | The colorful fool

Stock market today, February 9: Oracle rebounds as AI spending reshapes its cloud growth story | The colorful fool

By Eric Trie
Publication Date: 2026-02-09 23:36:00

Oracle rose as AI-related cloud spending boosted confidence in its long-term expansion plans.

Today’s change

(9.64%)$13.77

Current price

$156.59

oracle (ORCL +9.64%)a provider of enterprise software and cloud services, closed Monday at $156.61, up 9.66%. The stock rose after DA Davidson upgraded to Buy with a higher target and on renewed enthusiasm for Oracle’s AI and cloud opportunities. The company’s trading volume reached 49.5 million shares, about 73% higher than the three-month average of 28.6 million shares. Oracle went public in 1986 and has grown 247415% since its IPO.

How the markets moved today

The S&P 500 (SNPINDEX: ^GSPC) gained 0.45% to close at 6,964 on Monday, while the Nasdaq Composed (NASDAQINDEX: ^IXIC) gained 0.90% to close at 23,239. Within the software infrastructure, industry colleagues…