Oracle sparks bubble talk with stock price in dot.com territory

For anyone concerned that artificial intelligence is fuelling a bubble in technology stocks, Oracle has entered the conversation.

Shares of the database software company have soared more than 80 per cent in 2025, the seventh best performance in the S&P 500 Index, as scorching demand for AI computing turbocharges its revenue growth.

The latest leg of the rally came after Oracle projected revenue in its cloud computing business will jump 700 per cent in the next three fiscal years, sending the stock up 36 per cent on Sept 10. 

Oracle also has been linked to the Trump administration’s negotiations to keep TikTok operating in the United States.

The company has served as TikTok’s primary cloud infrastructure provider for years….

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