Why Is Oracle (ORCL) Stock Moving Higher? $50B Cloud Expansion Plan
Oracle shares rose about 3.6% premarket after the company announced plans to raise up to $50 billion to expand cloud capacity.
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Oracle stock jumped nearly 10% after the company beat Q3 earnings estimates and raised its fiscal 2027 revenue outlook.
Oracle shares rose about 3.6% premarket after the company announced plans to raise up to $50 billion to expand cloud capacity.
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