New York, Sept 10, 2025 (AFP) - Software company Oracle shares surge more than 35% on huge AI deals

NAMPA / AFP

2025-09-10

Oracle shares surged more than 35 percent in early trading Wednesday after the software giant projected massive revenue growth based on contracts tied to artificial intelligence. Oracle CEO Safra Catz called the just-finished quarter "astonishing" as the company signed "four multi-billion-dollar contracts with three different customers." About 40 minutes into trading, shares were at $337.02, up nearly 40 percent, lifting the company's market valu......

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