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I’ve seen my fair share of corporate reincarnations. But what Oracle (ORCL) has pulled off over the last 24 months isn’t just a turnaround. It’s a masterclass in how the modern market actually functions.
For years, Oracle was the uncool uncle of the tech world. It was a legacy database company — stable, dividend-paying, and, frankly, boring. Then, the artificial intelligence (AI) revolution hit, and suddenly Larry Ellison’s firm became the infrastructure backbone of the AI trade.