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Oracle closed up over 11% and its stock price reached a historic high

六月清晨搅
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On March 12th local time, Oracle's US stock closed up 11.75% at $127.54. Oracle expects revenue to grow by 4% to 6% in the fourth quarter, with adjusted earnings per share ranging from $1.62 to $1.66, slightly higher than Wall Street's expectations; It is expected that the capital expenditure for data center construction in the fiscal year 2025 will reach $10 billion. The CEO of the group, Safra Katz, stated that the company will soon release an exciting joint statement with Nvidia.
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