No Paywall: If you believe in the bull, consider Oracle with a CAVEAT
Oracle is up 23% recently and is trying to break out of a auction zone to the upside. Above 155 is a good location for price to push off and attempt to go higher. I wouldn’t let this trade go against me more than 3%.
Caveat: While up 23% in days, it is also down almost 50% from peak! So if you believe you are a value investor and have risk tolerance this is one to watch. Just my observations. Never advice!
(Heikin-Ashi Chart)
P&F Chart below
April 14 - Perplexity Finance
Oracle is surging, extending a powerful two-session rally of roughly 25% as Wall Street re-rates the company as an emerging AI utility rather than a legacy software name. Today's catalysts include Oracle Financial Services extending its agentic AI platform to corporate banking — adding AI agents for treasury, trade finance, and lending — alongside Monday's Bloom Energy deal for up to 2.8 GW of fuel-cell power for Oracle's AI and cloud infrastructure. D.A. Davidson noted investors are returning after a 'severe' selloff, with Oracle's massive $553B remaining performance obligations backlog and new CFO Hilary Maxson reinforcing confidence in capital discipline, helping the stock outperform software peers like Microsoft and Salesforce in a broad tech rebound tied to US-Iran ceasefire hopes.
April 13
Oracle surged nearly 13% — its best single-session gain in recent memory — leading a broad enterprise software sector rebound as investors reassessed the AI disruption narrative that had hammered the stock more than 20% year-to-date. The rally was driven by a confluence of company-specific catalysts: a new CFO appointment (Hilary Maxson from Schneider Electric), continued AI product momentum including Fusion Agentic Applications and a $553B remaining performance obligations backlog, and an expanded partnership with Bloom Energy to deploy up to 2.8GW of fuel cell power for Oracle's AI cloud infrastructure buildout. Oracle alone accounted for over 20% of the iShares IGV software ETF's 4.9% daily gain — its best session in over a year — as peers like Salesforce, Cloudflare, and ServiceNow also rallied, suggesting a broader market reassessment that beaten-down enterprise incumbents may be AI infrastructure beneficiaries rather than victims. The move came despite a risk-off macro backdrop, with oil surging past $100/barrel after failed U.S.-Iran peace talks and a Strait of Hormuz blockade announcement, with the S&P 500 managing a modest recovery from early weakness. In after-hours trading, ORCL extended gains an additional ~2% following the Bloom Energy partnership announcement.
