US Stock Movement | Oracle rises nearly 4% intraday, setting a new historical high with a market value of $700 billion

On Thursday, Oracle rose nearly 4% intraday, with a market capitalization reaching $700 billion, setting a new historical high. So far this year, Oracle's stock price has increased by 51%. In terms of news, on Tuesday, the company announced that it will invest $3 billion in Germany and the Netherlands over the next five years for artificial intelligence (AI) and cloud computing infrastructure to meet the growing market demand. According to the plan, this cloud computing giant will invest $2 billion in the German market and $1 billion in the Dutch market. This investment will significantly enhance Oracle Cloud Infrastructure (OCI) service capabilities in both countries, focusing on expanding AI infrastructure in the Frankfurt and Amsterdam cloud regions