Workflow
Oracle's $244 billion single-day rally as big as entire IT trinity of TCS, Infosys, HCL Tech
The Economic Times·2025-09-11 13:20

Oracle shares ended the overnight session on Wall Street about 36% higher after projecting that its cloud infrastructure revenue will reach 144billionbyfiscal2030,comparedto144 billion by fiscal 2030, compared to 10.3 billion in fiscal 2025. The company's shares ended with a net market cap gain of 244billionasitstotalmarketvaluesoaredto244 billion as its total market value soared to 922 billion.The American tech giant is now the 12th most valued firm in the world and is on track to join the elite $1 trillion club.Back on Dalal Street, the combined market value of Infosys, ...