The stock market uptrend found another gear Tuesday, undeterred by a hotter-than-expected reading on consumer prices before the open.
Oracle shares soared almost 12% on Tuesday, lifting Larry Ellison's wealth by over $15 billion.
Victoria Greene, G Squared Wealth founding partner, joins 'Power Lunch' to discuss stock plays for three stocks, including Oracle, 3M and Southwest Airlines.

Oracle (ORCL) Rallies On A.I. Demand

02:13pm, Tuesday, 12'th Mar 2024
The Oracle (ORCL) stock price rallied today post earnings due to A.I. demand. How will the cloud giant double their capital spending?
Oracle stock spiked more than 12% during intraday trading on Tuesday and is on pace for a record close.

Chart of the Day: Oracle

01:01pm, Tuesday, 12'th Mar 2024
The Investment Committee debates on how to trade Oracle.

Why Oracle Stock Blasted Higher Tuesday Morning

12:19pm, Tuesday, 12'th Mar 2024
Oracle delivered stronger-than-expected cloud growth. It's remaining performance obligation grew to a record, suggesting its robust growth will continue.
Strong demand for Oracle's cloud services is driving the stock to new highs. William Blair analysts upgraded the shares to outperform with a $160 price target.
Oracle's (ORCL) fiscal third-quarter performance benefits from a steady adoption of strategic cloud applications, autonomous database and OCI, as well as a recovery in cloud revenue growth.
Oracle Corp  (NYSE:ORCL) stock was last seen up 10.1% to trade at $125.70, after the tech company beat fiscal third-quarter earnings thanks in part to artificial intelligence (AI) demand.
Oracle's NYSE: ORCL launch of Gen-2 Cloud services was slow, but the focus on quality over quantity is paying off. The company's Q3 results and outlook confirm the 2nd wave of AI is here.
Stock futures turned lower in premarket trading Tuesday while Treasury yields oscillated as markets digested another hotter-than-anticipated inflation report.
Oracle Corp (NYSE: ORCL) stock experienced a pre-market surge of 13.64% upon the releasing the third quarter results for 2024, hinting at a partnership with industry giant Nvidia (NASDAQ: NVDA).
Nvidia was rising early on Tuesday. The chip maker's pivotal role in the artificial-intelligence market was underlined by earnings from software company Oracle.
The company's cloud infrastructure services were a hot topic of discussion in Thursday's earnings report.
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