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Oracle Corp. (ORCL) Inks $1.65 billion Supply Agreement with Australian Modular Data Center Manufacturer
Yahoo Finance· 2026-05-01 22:35
Oracle Corp. (NYSE:ORCL) is one of the 10 Best AI Stocks to Watch in May. In the past year, Oracle stock jumped 14.69% while declining 17.54% year-to-date. According to a report by the Australian Financial Review on April 27, Oracle signed a six-year supply agreement with Australian modular data center manufacturer Datapod worth approximately $1.65 billion to supply, deploy, and maintain AI infrastructure in the United States and Europe. Based on ratings compiled by CNN from 45 analysts, 80% placed a Buy ra ...