For months, investors have asked how Oracle (ORCL) would pay for its AI build-out. On Wednesday the company put numbers on it, and the stock had its best day since May. Shares closed up about 11% at about $144 Wednesday, adding more than $40 billion in market value, as the company laid out new financial targets at its investor day. Even with the jump, the stock is still down about 25% this year. (ORCL ) Go deeper with AlphaSpace 144.54 +14.01 (+10.73%) At close: 4:03:50 PM EDT 140.20 -4.34 (-3.00%) After hours: 4:41:36 PM EDT The stock barely moved for most of the session, hovering near $130 until about 2:20 p.m. ET. Within minutes, it was up 13% after Oracle's release crossed.
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