The post Why Oracle stock is surging today appeared on BitcoinEthereumNews.com. After recent volatile sessions, Oracle’s (NYSE: ORCL) share price is surging as investors react to Wall Street’s bullish outlook on the company’s key partnership in artificial intelligence. As of press time, ORCL stock was trading at $205, up over 4% for the day. Despite today’s gains, the stock remains down roughly 27% over the past month. ORCL one-month stock price chart. Source: Finbold The current momentum follows analysts at Deutsche Bank and HSBC defending the stock amid concerns over AI spending and OpenAI commitments. Deutsche Bank analyst Brad Zelnick noted that even with potential risks, the “bear case looks… bullish,” estimating only modest hits to long-term earnings and free cash flow if OpenAI revenue falls short.  The bank also said Oracle’s data center lease obligations offer flexibility and that the stock is undervalued relative to its AI business. Deutsche Bank maintained a ‘Buy’ rating on Oracle with a $375 price target, highlighting that the market has yet to fully value the growth potential from this collaboration.  Revenue expansion potential The firm emphasized that Oracle’s AI and cloud strategy could drive significant revenue expansion, particularly if the company capitalizes on its technological and infrastructure investments faster than competitors. HSBC also maintained a ‘Buy’ rating with a $382 target, noting that the company is effectively managing AI infrastructure margins and planning to meet its commitments.  Both analysts suggest that market fears may be overstated, with significant upside potential for the stock. Meanwhile, investment strategist Shay Boloor, in an X post on November 26, explained why the stock has faced recent pressure. He noted that Oracle is undertaking “the most aggressive capex plan in the industry,” funding a data center buildout that is outsized relative to its revenue base.  Why is $ORCL down 30% in the past month? Because Oracle is taking on… The post Why Oracle stock is surging today appeared on BitcoinEthereumNews.com. After recent volatile sessions, Oracle’s (NYSE: ORCL) share price is surging as investors react to Wall Street’s bullish outlook on the company’s key partnership in artificial intelligence. As of press time, ORCL stock was trading at $205, up over 4% for the day. Despite today’s gains, the stock remains down roughly 27% over the past month. ORCL one-month stock price chart. Source: Finbold The current momentum follows analysts at Deutsche Bank and HSBC defending the stock amid concerns over AI spending and OpenAI commitments. Deutsche Bank analyst Brad Zelnick noted that even with potential risks, the “bear case looks… bullish,” estimating only modest hits to long-term earnings and free cash flow if OpenAI revenue falls short.  The bank also said Oracle’s data center lease obligations offer flexibility and that the stock is undervalued relative to its AI business. Deutsche Bank maintained a ‘Buy’ rating on Oracle with a $375 price target, highlighting that the market has yet to fully value the growth potential from this collaboration.  Revenue expansion potential The firm emphasized that Oracle’s AI and cloud strategy could drive significant revenue expansion, particularly if the company capitalizes on its technological and infrastructure investments faster than competitors. HSBC also maintained a ‘Buy’ rating with a $382 target, noting that the company is effectively managing AI infrastructure margins and planning to meet its commitments.  Both analysts suggest that market fears may be overstated, with significant upside potential for the stock. Meanwhile, investment strategist Shay Boloor, in an X post on November 26, explained why the stock has faced recent pressure. He noted that Oracle is undertaking “the most aggressive capex plan in the industry,” funding a data center buildout that is outsized relative to its revenue base.  Why is $ORCL down 30% in the past month? Because Oracle is taking on…

                                                                               Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week.                     Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more