AI Stocks Rally, Oracle Rockets On Best Day Since 1992 - Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ)

AI-linked stocks rallied Wednesday, fueled by investor optimism that artificial intelligence will power earnings growth after Oracle Corp. ORCL revealed a massive backlog of AI-related orders.Oracle shares skyrocketed more than 40% – the company’s strongest single-day rally since December 1992 – despite missing Wall Street forecasts on both revenue and earnings last quarter. Investors instead focused on the company's multi-cloud database business, which exploded 1,529% year-over-year thanks to partnerships ...