/code%20on%20computer%20screen%20java%20html.jpg)
Shares of cloud computing giant Oracle (ORCL) surged over 12% in a single trading session following its quarterly results earlier this week, bringing its year-to-date gains to roughly 18.9%. Along with a bottom-line beat, investors responded with enthusiasm to Oracle's hints about a potential partnership with AI chip giant Nvidia (NVDA), with CEO Safra Katz saying "we expect to have some very nice joint announcements with Nvidia next week" on the earnings call.
Valued at $345 billion by market cap, Oracle stock has now more than doubled in the last five years, easily outpacing the broader markets in this period.