Oracle Corp (NYSE:ORCL) is trading higher on Tuesday as software names bounce back, helped by renewed optimism from Wall Street that the recent AI‑driven selloff may have been overdone. Here’s what you should know.
- Oracle stock is showing exceptional strength. Why is ORCL stock surging?
Why Oracle Is Moving Higher
JPMorgan strategists, led by Dubravko Lakos‑Bujas, said the sharp drop in software stocks over the past week has created an opening for investors. According to their note, markets have been bracing for extreme levels of AI disruption, which they believe are expectations unlikely to play out in the near term.
The teams argue that sentiment has swung too far into pessimism, especially given the solid fundamentals many software …