Oracle stock is higher Wednesday after President Trump announced the $500 billion AI-focused Stargate Project. Here's what you need to know.

Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.

Key Takeaways Oracle shares soared Wednesday for the second straight session as investors reacted to news that the enterprise software company will form a joint venture with OpenAI and Japan's SoftBank to build AI infrastructure.

Oracle (ORCL) shares ended the last trading session 7.2% higher at $172.57. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 4.

Live Updates Make sure to refresh this page periodically for updates. Earnings to Watch Today 9:37 am Here are some earnings to watch this morning. We’ll provide updates on other market movers as the day progresses.

Oracle Corporation (NYSE:ORCL) shares are trading higher premarket on Wednesday. On Tuesday, the company disclosed new AI agents and generative AI features in Oracle Fusion Cloud Sales to enhance sales engagement and streamline processes.

Larry Ellison unveiled plans for an AI-driven cancer vaccine system that could deliver personalized treatments within 48 hours.

In a report released today, Patrick Walravens from JMP Securities maintained a Buy rating on Oracle (ORCL – Research Report), with a price

OpenAI, SoftBank (SFTBY) and Oracle (ORCL) announced a major OpenAI data center infrastructure investment, called Stargate, with an initial

Software stock Oracle (ORCL) has pulled back to a historically bullish trendline, and it may be time to "buy the dip."

Amid investor concerns, the Stargate project significantly boosted Nvidia’s future prospects. President Donald Trump’s announcement of Stargate has positioned Nvidia to benefit significantly from a $500 billion investment aimed at building advanced AI infrastructure in the U.S. over the next four years.