Analysts update Oracle stock forecast

Since the beginning of the year, Oracle stock has gained 74%. Pivoting to become the artificial intelligence infrastructure build-out leader paid off. On October 16, G42 revealed significant progress on the construction of Stargate United Arab Emirates (UAE), a 1GW large-scale AI infrastructure cluster being developed by Khazna Data Centers, a G42 company, within the 5GW UAE–U.S. AI Campus in Abu Dhabi. The project is being built in partnership with OpenAI, Nvidia, Cisco, SoftBank, and Oracle, of course. ...