"Oracle's AI Potential Boosts Stock: The Story Continues to Unfold"

Oracle's stock is rising after an upgrade from UBS analyst Karl Keirstead, who believes the company's potential to benefit from artificial intelligence (AI) has not been fully recognized. Oracle's shares have gained 46% this year, driven by the excitement around AI and its cloud infrastructure. The upgrade comes as the AI boom drives demand for graphics processing units (GPUs), and UBS expects GPU supply constraints to boost Oracle's stock. The company's fiscal first-quarter earnings are expected to be released in September, and analysts are predicting $12.4 billion in revenue, up 8.7% from the same period last year.