Oracle (NYSE:ORCL) Trading Up 6.9% - Here's What Happened

Market Beat
2025.12.19 22:14
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Oracle (NYSE:ORCL) shares rose 6.9% on Friday, trading as high as $195.12. The surge follows Oracle's involvement in the TikTok U.S. joint venture, boosting investor confidence. Despite mixed quarterly results and concerns over AI infrastructure investments, analysts maintain a 'Moderate Buy' rating with a consensus target price of $302.92. Oracle's recent earnings beat expectations with $2.26 EPS and a 14.2% revenue increase year-over-year. The company also announced a quarterly dividend of $0.50 per share, payable on January 23rd.