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Oracle's Stock Soars on $30B Cloud Contract Boost

7/9/2025

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Jefferies Boosts Oracle
  • Jefferies Financial has boosted Oracle's stock target from $220 to $270, fueled by a massive $30 billion cloud computing contract set to begin in 2028. With Oracle's shares soaring 60% in 2024, the tech giant is poised to fiercely challenge Amazon AWS and Microsoft Azure in the booming AI infrastructure market.
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