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Oracle Stock Surges Ahead Of $500 Billion ‘Stargate' OpenAI-Trump Deal

1. Oracle's stock rose 7% following an AI infrastructure partnership announcement. 2. The project involves $100 billion investment in U.S. infrastructure in the first year. 3. Larry Ellison's net worth increased by $10 billion as Oracle shares rallied. 4. Oracle partners with OpenAI, boosting its role in generative AI technologies. 5. Oracle is significant in TikTok's data hosting amid ongoing ban controversies.

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FAQ

Why Very Bullish?

The large investment and partnership could significantly enhance Oracle's market position.

How important is it?

The AI initiative and partnership with OpenAI indicate a strong future growth trajectory.

Why Long Term?

Continued investment in AI infrastructure could benefit Oracle's growth prospects over several years.

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