Oracle Vs. Salesforce: Cloud Wars Heat Up, Stocks Take Off
Oracle(ORCL) Benzinga·2024-10-03 23:29
The cloud battle between Oracle Corp ORCL and Salesforce Inc CRM is hitting new highs, and both stocks are riding the AI wave to impressive gains.But which one is winning? Let's dive into the numbers, recent moves, and what investors need to know.Oracle's Big Play: Malaysia's Mega CloudOracle has been flexing its cloud muscles, with a 20% stock jump over the past month, +61% YTD, thanks to impressive growth in its cloud infrastructure services. The latest boost? A $6.5 billion investment to establish a publ ...