Oracle's Trading Volume Drops to $3.136 Billion Ranking Second in Daily Decline

On June 17, 2025, Oracle's trading volume reached $3.136 billion, marking a 34.71% decrease from the previous day. The stock closed at $1.40% lower, marking its second consecutive day of decline, with a total decrease of 3.29% over the past two days.

Oracle has been experiencing a surge in demand for its cloud applications and infrastructure, with revenue growing at a double-digit rate. This strong performance has been driven by the company's strategic investments in cloud technology and its ability to meet the increasing demand for cloud services.

Oracle's Chairman, Larry Ellison, has made a bold prediction that the company will eventually operate more data centers than any other player in the industry combined. This ambitious goal reflects Oracle's confidence in its cloud infrastructure and its commitment to expanding its data center footprint.

Oracle has also launched a first-of-its-kind defense ecosystem aimed at redefining national security innovation. This initiative showcases Oracle's commitment to leveraging its technology to enhance national security and defense capabilities.

Additionally, Oracle has partnered with Nextcloud to deliver collaboration capabilities to governments and enterprises. This strategic alliance further strengthens Oracle's position in the market and expands its offerings to include advanced collaboration tools.