Is Oracle Stock a Buy Now?

The tech giant's cloud strategy is successfully capturing AI demand.Shares of veteran tech company Oracle (ORCL -0.63%) enjoyed a spectacular year. The stock was at a 52-week low of $99.26 last December before beginning an upward ascent in 2024. Just weeks ago, shares hit an all-time high of$178.61.Oracle originally rose to prominence for its database software. Today, the company is focused on cloud computing, and that has supercharged its stock. Why? Because the cloud is the ideal home for artificial inte ...