By Unknown
Publication Date: 2026-02-10 00:30:00
oracle(NYSE:ORCL)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 Microsoft(NASDAQ:MSFT) closed at $413.71 (+3.13%) and JUICE(NYSE:SAP) closed at $210.41 (+3.48%), reflecting broad strength among the big enterprise software names.
What this means for investors
Oracle’s rally reflects renewed confidence that its cloud business will directly benefit from AI-driven…
