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Barchart
Anushka Mukherji

Up 12.5% in the Past 5 Days, Should You Keep Buying Oracle Stock?

After taking a steep hit earlier this year amid fears that artificial intelligence (AI) startup Anthropic could upend traditional software players, the sector is roaring back to life, and investors are taking notice once again. The shift in sentiment has been quite strong. For context, the iShares Expanded Tech-Software Sector ETF (IGV) has surged nearly 9% in just the past five days, outperforming nearly every major leadership ETF and even eclipsing the iShares Semiconductor ETF (SOXX), which climbed 5.41% over the same stretch.

And riding this renewed wave of momentum is Oracle Corporation (ORCL), whose stock has skyrocketed 12.54% in just five days, making it one of the standout winners of the broader software resurgence. The recent rally in Oracle shares isn’t happening in a vacuum. It’s being fueled by a series of aggressive, forward-looking moves in AI infrastructure and energy strategy. For instance, on April 13, the software giant announced a major expansion of its partnership with Bloom Energy (BE), securing up to 2.8 gigawatts of Bloom’s fuel cell capacity to support power-hungry AI data centers. 

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