Should Investors Chase the Post-Earnings Surge In Oracle Stock?

Although Oracle (ORCL)  posted mixed results for its fiscal first quarter on Tuesday evening, the cloud provider's infusion of AI products, services, and applications has wowed investors.Citing unprecedented demand for AI workloads, Oracle stock had surged more than +40% in today’s trading session, hitting a new all-time high of $345 a share. The move marked a $230 billion market cap jump, placing Oracle near the top 10 most valuable companies in the S&P 500, with a valuation now over $900 billion.Notably, ...