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Oracle's stock soared 36% after securing a large AI contract, but dropped 4% the next day.
Oracle's stock surged by 36%, reaching a market value close to $900 billion, after announcing major AI cloud deals, including a $300 billion contract with OpenAI.
The company's total remaining performance obligations reached $455 billion, up 350% from a year ago.
Despite the significant gains, Oracle's stock fell by about 4% the following day as investors locked in profits.
The company's strong performance in AI and cloud services has made it one of the S&P 500's top performers this year.
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Las acciones de Oracle se dispararon un 36% después de asegurar un gran contrato de IA, pero cayeron un 4% al día siguiente.