
Oracle Corp (NYSE:ORCL) shares were trading higher Monday, continuing a remarkable surge from last week. The stock is building on a five-day gain of nearly 25%, as investors cheered the company’s aggressive pivot towards artificial intelligence infrastructure.
The stock is gaining on Monday after Berenberg maintained a Hold rating and raised its price target from $202 to $306. The stock may also be up after President Donald Trump hinted at TikTok deal.