Oracle Stock Rises on AI and Cloud Innovations
Oracle Corporation's stock climbed to $300.48, marking a 0.49% gain after unveiling AI-driven upgrades to its Fusion Cloud platform and a strategic integration with Microsoft's IoT solutions. The announcements, made at Oracle AI World, highlight the company's push to embed artificial intelligence across supply chain, manufacturing, and enterprise resource planning systems.
New AI agents for Fusion Cloud SCM automate inventory, procurement, and logistics tasks, leveraging Oracle Cloud Infrastructure at no additional cost. The tools promise faster decision-making and end-to-end visibility, with custom agent development enabled through AI Agent Studio. Meanwhile, the Microsoft partnership synchronizes IoT data with supply chain management, delivering real-time factory insights.
Oracle's $852 billion market surge reflects accelerating enterprise adoption of its AI and cloud offerings. The updates signal deepening competition in cloud-based AI solutions for industrial and financial operations.