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Nauman Khan

Billionaire Philippe Laffont Is Betting Big on Oracle Stock. Should You?

Oracle AWS Google Larry Ellison ORCL Google Cloud Microsoft

Tech giants have long been a favorite hunting ground for billionaire hedge fund managers seeking stable growth and exposure to transformative trends. From cloud computing to artificial intelligence (AI), these companies often deliver the kind of scale, recurring revenue, and innovation that Wall Street loves. One such giant is Oracle (ORCL), a software and cloud infrastructure leader that’s steadily carving out a bigger role in the AI-driven enterprise landscape.

Recently, billionaire Philippe Laffont’s Coatue Management made a bold move by acquiring roughly 3.86 million shares of Oracle, worth about $843.3 million. This sizable bet signals strong confidence in Oracle’s growth trajectory, as the company expands its cloud and AI offerings to compete with industry heavyweights like Microsoft (MSFT) and Amazon (AMZN).

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