On August 4, Oracle rose 3.07% in regular trading, trading at $146.35/share with turnover of $2.814 billion, extending a multi-session rally that has seen the stock gain significantly over the past week.

The continued strength is underpinned by multiple catalysts. Oracle recently expanded its partnership with Google Cloud, announcing plans to embed Gemini AI models (including Gemini 3.1 Flash Lite and 3.5 Flash) into its flagship Oracle Fusion Applications and NetSuite enterprise suites. This collaboration enables enterprise customers to access advanced AI capabilities directly within existing workflows. Additionally, Oracle signed a contract with the U.S. Department of Defense valued at up to $6.99 billion over a potential 10-year term, with a base five-year value of $3.31 billion, consolidating fragmented software procurement across military agencies.

Options market activity reflects firmly bullish positioning, with call options accounting for 76.4% of nominal turnover and a nearly $9.6 million bull call spread identified as a key large block trade. Cloud capex upgrades across hyperscalers continue to support optimism around Oracle's AI monetization trajectory.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)