US Stock Market Move | Oracle Corporation (ORCL.US) rose nearly 4% intraday to hit a new all-time high, with a market value reaching 700 billion US dollars.

On Thursday, Oracle Corporation (ORCL.US) rose nearly 4% intraday, with a market value of $700 billion, hitting another all-time high. So far this year, Oracle Corporation's stock price has increased by 51%. In terms of news, the company announced on Tuesday that it will invest $3 billion in Germany and the Netherlands over the next five years for artificial intelligence (AI) and cloud computing infrastructure to meet the growing market demand. According to the plan, the cloud computing giant will invest $2 billion in the German market and $1 billion in the Dutch market. This investment will significantly enhance Oracle Corporation's cloud infrastructure (OCI) service capabilities in the two countries, focusing on expanding the AI infrastructure in the Frankfurt and Amsterdam cloud regions.