Why Oracle Stock Is Skyrocketing Today
Oracle(ORCL) The Motley Fool·2025-01-22 17:18Shares of Oracle (ORCL 7.10%) are flying higher on Wednesday. The company's stock is up 6.4% as of 11:20 a.m. ET, but gained as much as 11.3% earlier in the day. The sharp move came as the S&P 500 and the Nasdaq Composite gained 0.7% and 1.3%, respectively.Oracle is at the heart of Project Stargate, the new artificial intelligence (AI) initiative announced by President Trump on Tuesday. The company is also benefiting from recent developments in the TikTok ban saga.President Trump unveils Project StargateOne ...