10 Tech News Updates Investors Should Not Miss

2. Oracle Corporation (NYSE:ORCL)

Number of Hedge Fund Holders: 105

Oracle Corporation (NYSE:ORCL) is a computer technology company that offers a comprehensive and fully integrated stack of cloud applications and cloud platform services. On March 7th, TD Cowen maintained a buy rating on the company, with a steady price target of $210.00 backed by the firm’s expectations of its new Stargate partnership which aims to invest around $500 billion over four years in AI infrastructure across the US. Oracle, along with OpenAI and Softbank, have identified locations in Texas for new data centers, while the company has also partnered with Google to enhance the Oracle Database@Google Cloud’s capabilities.