Oracle stock closes at new high on Open AI, Google cloud deals
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Oracle (ORCL) stock closed at an all-time high Wednesday, buoyed by the company's announcement of new strategic partnerships with Alphabet's Google (GOOG, GOOGL) and OpenAI. The tech giants will outsource Oracle's cloud services for their AI initiatives.
Yahoo Finance's Julie Hyman and Josh Lipton break down the details.
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This post was written by Angel Smith