Oracle (ORCL) saw a slight pre-market uptick to $198.05 (+0.28%) as the stock continues to reflect ongoing investor debate regarding AI cloud execution and concerns over capital expenditure following its recent Q2 earnings report.
- Q2 results highlighted strong growth in key areas, including $8.0B in cloud revenue (+34%) and robust IaaS growth reaching $4.1B (+68%).
- Analyst consensus holds at a Moderate Buy rating with a price target of $307.72 amid the recent volatility.