Oracle shares climbed 2.80% to $145.27 on February 24, 2026, rebounding alongside a broader software sector rally fueled by positive sentiment in the AI market.
- The recovery follows a sharp decline after reports from Jon Keegan characterized the OpenAI “Stargate” project—a major partner initiative—as a “chaotic mess.”
- The Gross Law Firm issued class-action notices alleging Oracle misled investors regarding the financial risks associated with its massive AI infrastructure spending.
- Broader market fears of technological disruption were eased by high-profile AI chip deals elsewhere in the sector, supporting the stock's upward movement.