Oracle Corp (NYSE:ORCL) stock is surging on Thursday following the announcement of an expanded artificial intelligence partnership with Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google Cloud.
The Nasdaq is up 2.66% while the S&P 500 has gained 0.93% and Technology is leading all sectors with a 4.62% gain. • Oracle stock is showing exceptional strength.
What's behind ORCL gains?
On Thursday, Oracle announced plans to bring Google Cloud's Gemini models into its enterprise application portfolio, including Fusion Applications and NetSuite.
The collaboration makes Gemini 3.1 Flash-Lite and Gemini 3.5 Flash models available within Oracle AI Agent Studio for Fusion Applications.
