Oracle's $244 billion single-day rally as big as entire IT trinity of TCS, Infosys, HCL Tech
Oracle shares ended the overnight session on Wall Street about 36% higher after projecting that its cloud infrastructure revenue will reach $144 billion by fiscal 2030, compared to $10.3 billion in fiscal 2025. The company's shares ended with a net market cap gain of $244 billion as its total market value soared to $922 billion.The American tech giant is now the 12th most valued firm in the world and is on track to join the elite $1 trillion club.Back on Dalal Street, the combined market value of Infosys, ...