Oracle (NYSE: ORCL) stock posted a big gain in Tuesday’s trading. The software giant’s share price closed out the daily session up 4.7%. The S&P 500 gained 1.1% in the session, and the Nasdaq Composite gained 1.9%.
The broader market moved higher today thanks to hopes for negotiations that could end the Iran war. In addition to that source of bullish momentum, Oracle stock also appears to have seen gains connected to news that the company is expanding its partnership with Bloom Energy.
Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »
Growth-dependent tech stocks generally saw strong gains in Tuesday’s trading as investors bet that the U.S. and Israel could make a deal to end the war with Iran in the near future. President Donald Trump said yesterday that the U.S. had been contacted by Iranian officials and that they would “like to make a deal very badly.” While there are still significant causes for uncertainty regarding the conflict, the market appears to be having a positive reaction to the U.S.’s recent moves to blockade the Strait of Hormuz when it comes to accelerating the timeline for ending the war.
After the market closed yesterday, Oracle and Bloom Energy announced that they were expanding their partnership. As per the recent announcement, Oracle recently inked a contract for 1.2 gigawatts of energy capacity from Bloom Energy.
While some investors and analysts have recently raised concerns about Oracle’s positioning as the artificial intelligence (AI) revolution continues to unfold, the company’s new deal with Bloom suggests that the software giant is taking a full-speed-ahead approach to its AI infrastructure buildout.
Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.
On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:
-
Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $491,045!*
-
Apple: if you invested $1,000 when we doubled down in 2008, you’d have $49,356!*
-
Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $556,335!*
