Oracle Soars on Strong Forecast, EU Plans Drone Defense, Sweden Unveils Business Boost

Key TakeawaysOracle (ORCL) shares surged by approximately 30% following a robust revenue forecast driven by strong demand for its cloud infrastructure and AI services, with remaining performance obligations reaching $455 billion.The European Union is moving forward with plans to establish a "wall of drones" along its eastern flank, stretching from Norway to Poland, to enhance border security and counter threats from "unfriendly countries."Sweden's 2026 budget will include a 7 billion SEK package aimed at bo ...