Oracle Stock Hits Record High on New Partnerships

Shares of Oracle Corp (NYSE:ORCL) are up 12.3% to trade at $139.10, and earlier hit a record high of $139.90. Oracle is brushing off worse-than-expected fourth-quarter results after the company issue an upbeat revenue forecast for 2025 due to strong demand for its artificial intelligence-based cloud services. The tech concern also announced a new  partnership with ChatGPT parent OpenAI and Alphabet's (GOOGL) Google Cloud, which will extend is cloud capacity.No fewer than 12 analysts hiked their price target ...