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Oracle shares rally 11% as Investor Day eases AI spending concerns

Oct 31, 2026 05:21 (8h ago)

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Oracle reaffirmed AI infrastructure growth and issued a cash-flow roadmap at Investor Day.
Shares rose roughly 11% to about $144, adding more than $40 billion in market value.
Remaining performance obligations reached approximately $664 billion after fiscal 2027’s first quarter.