Oracle stock price edges up before the bell as multicloud report lands
Oracle shares rose 0.7% to $191.09 in premarket trading Tuesday after new research showed increased adoption of Oracle Cloud Infrastructure by U.S. enterprises. The company plans to release a Critical Patch Update with 336 security fixes later in the day. Investors remain focused on Oracle’s AI-driven spending and data-center expansion. December’s outlook and higher projected capital expenditures have raised concerns.