Oracle Shares Climb to $330.25 on September 10

Oracle Corporation (NYSE: ORCL) shares surged 3.5% to close at $330.25 in New York trading on Wednesday, fueled by heavy volume and broad tech sector strength.

The stock bounced back from an early session low of $312.10 to post its highest close since late August, underscoring renewed investor confidence ahead of the company’s upcoming earnings release.

Despite dipping to a session low, Oracle rallied throughout the afternoon, hitting an intraday peak of $345.68 before settling at $330.25, up from the opening price of $319.19.

Trading volume reached 121.6 million shares, well above its 30-day average.

Investor attention now turns to Oracle’s fiscal Q1 results due next week, with analysts forecasting modest revenue growth driven by its cloud infrastructure segment. The stock’s price-to-earnings ratio remained elevated at 75.5, reflecting expectations for continued margin expansion.

Looking ahead, market watchers will gauge whether Oracle can sustain its upward momentum amid competitive pressures in enterprise software and cloud services.