US Stock Market Move | Oracle Corporation (ORCL.US) rises nearly 9%. Analysts say that the high growth of their cloud business presents a good buying opportunity during the market correction.

On Monday, Oracle Corporation (ORCL.US) surged nearly 9% to $150.30. On the news front, some analysts believe that the recent sell-off of tech stocks in the US stock market, along with investor doubts about Oracle Corporation's significant capital expenditure, led to a decline in stock prices, falling to around $138 per share as of April 11. However, for investors who are good at seizing opportunities and have patience, it is an excellent opportunity to buy shares of this tech giant. The analyst stated that in the latest quarterly report, Oracle Corporation's overall revenue increased by 22% year-on-year. The cloud infrastructure department saw a staggering 84% growth in revenue, reaching close to $5 billion. Oracle Corporation also reaffirmed its performance expectations for the fiscal year 2026 and raised its performance expectations for the fiscal year 2027. The company expects revenue to reach $90 billion in 2027.