Oracle shares rose 2.22% to $177.74 as investors showed renewed confidence in the company's AI cloud infrastructure strategy and the successful scaling of Oracle Cloud Infrastructure (OCI).
- Goldman Sachs maintained a "Buy" rating with a $240 price target, while Guggenheim highlighted strong growth expectations with a $400 price target.
- The company unveiled a new Retail Supply Chain collaboration cloud solution.
- Community Memorial Hospital adopted Oracle Health, integrating clinical AI agents into their systems.