The post Oracle Stock’s Breakout Is Real and the Long-Term AI Infrastructure Case Is Only Getting Stronger appeared first on 24/7 Wall St..
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Oracle (ORCL) rallied 24% in the past month to $182.96 on the back of $553 billion in remaining performance obligations (contracted revenue), Q3 revenue of $17.19 billion with 20%+ organic growth, cloud infrastructure revenue up 84% to $4.888 billion, and a $29 billion AI contract backlog using …