AIBullishCoinDesk · Mar 116/10
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Oracle jumps 11% premarket as AI demand challenges 'SaaS apocalypse' fears
Oracle's stock surged 11% in premarket trading as strong cloud and AI growth exceeded expectations, alleviating investor concerns about the company's debt strategy and potential software disruption. The performance suggests AI demand is helping traditional software companies counter fears of a 'SaaS apocalypse.'
