Oracle Surges to 12th in Trading Volume with $5.514 Billion Turnover

Generated by AI AgentVolume Alerts
Monday, Jun 30, 2025 8:00 pm ET1min read

On June 30, 2025,

Corporation (ORCL) saw a significant surge in trading volume, with a turnover of $5.514 billion, marking an 84.58% increase from the previous day. This surge placed Oracle at the 12th position in terms of trading volume for the day. The stock price of Oracle also rose by 3.96%.

Oracle's stock price reached a new high after the company announced several major cloud service deals. These agreements are expected to generate over $30 billion in annual revenue starting from fiscal year 2028. CEO Safra Catz highlighted that Oracle has had a strong start to fiscal year 2026, with significant cloud agreements contributing to this growth.

Oracle's cloud services division generated $24.5 billion in revenue during fiscal year 2025, which contributed to the company's overall revenue of $57.4 billion. The company's MultiCloud database revenue is still growing at a rate of over 100%.

Analyst Brad Reback upgraded Oracle's stock from Hold to Buy, raising the price target from $180 to $250. Reback cited the anticipated growth in Oracle's cloud business as the reason for the upgrade, noting that cloud gains should result in accelerating increases in total revenue in the upcoming years. Oracle has also collaborated with OpenAI on various projects.

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