Oracle Shares Rise Amid Increased Tech Spending

Oracle shares continued their upward trend on Monday. Bloomberg posted on X that the increase in capital expenditure by major U.S. technology companies has alleviated concerns about the potential impact of advancements in artificial intelligence on Oracle's business. The company's stock performance reflects investor confidence in its ability to navigate the evolving tech landscape. As technology giants invest more heavily in infrastructure, Oracle appears well-positioned to benefit from these developments.