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S&P 500 Gains & Losses Today: Oracle Stock Soars, While Synopsys Staggers

1. Oracle shares skyrocketed 36%, the highest performance in S&P 500. 2. AI demand drives Oracle's cloud infrastructure growth expectations. 3. Despite lower-than-expected sales, Oracle raised guidance significantly. 4. Chair Larry Ellison becomes the richest person, surpassing Elon Musk. 5. Overall market mixed; inflation data and tech sector performance varied.

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FAQ

Why Very Bullish?

Oracle's massive 36% gain indicates strong investor confidence in its cloud strategy and AI demand, similar to past growth phases, such as during the enterprise software boom in the late 1990s.

How important is it?

The article highlights Oracle's strong performance and growth potential, crucial for stock price movement.

Why Long Term?

The positive outlook on cloud and AI can foster sustained growth, echoing trends seen in successful tech firms that adapted to AI, leading to solid long-term returns.

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