Software company Oracle shares surge more than 35% on huge AI deals

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Oracle shares soared on Wall Street on projections of massive revenue growth. Oracle shares surged more than 35% in early trading Wednesday after the software giant projected massive revenue growth based on contracts tied to artificial intelligence. Oracle CEO Safra Catz called the just-finished quarter "astonishing" as the co ...