How Oracle’s $30B US Cloud Deal Drove a 10.9% Surge — Market Wrap May 31

Today's AI insights from 7horns.ai reveal a strong tech rally led by Oracle, which surged 10.85% to $225.81 on May 31. Oracle’s remarkable rise reflects a fundamental re-rating as it secures a $30 billion U.S. Government cloud deal and reports a massive $552.6 billion remaining performance obligation, highlighting multi-year revenue visibility. Oracle Cloud Infrastructure revenue jumped 84% year over year, with AI infrastructure revenue soaring 243%. Meanwhile, Microsoft also showed momentum, closing at $450.24 with a 5.45% gain on high volume, supported by an 18% year-over-year revenue increase and a $37 billion AI revenue run rate. Our CNN model projects a 66% probability of upward movement for Oracle and 60% for Microsoft, signaling strong confidence in continued gains. Despite Oracle’s RSI suggesting overbought conditions, the technical uptrend remains robust. This dynamic underscores the market’s growing embrace of AI infrastructure leaders amid easing geopolitical tensions and record highs. AI insights powered by 7horns.ai — the world's first true AI research financial assistant. Our CNN machine learning model delivers daily stock market analysis with over 60% accuracy, beating the S&P 500 by 300% from 2021–2025. No human emotions, just pure AI-driven financial research. Visit 7horns.ai for your free daily AI insights.