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Sushree Mohanty

Oracle Went From Tech Dinosaur to AI Heavyweight

Oracle Meta Microsoft ORCL

When the faster-growing tech titans like Amazon (AMZN), Apple (AAPL), Microsoft (MSFT), and Alphabet (GOOGL) (GOOG) moved into AI, Oracle (ORCL) got overshadowed as a slow-moving enterprise software company built for a different era. But, Oracle didn’t just sit back and watch the tech giants get ahead in the AI race. It was reshaping itself and now is one of the leading AI infrastructure companies in the market.

Its turnaround has surprised Wall Street, which upgraded the stock to a “Strong Buy” from a “Moderate Buy” three months ago. Furthermore, its massive backlog in Q3 has impressed investors. While ORCL stock is down 0.6% year to date, underperforming the broader market, it has surged 21% over the last three months.

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