Oracle's stock closes out best week since 2001 on cloud momentum
Oracle CEO Safra Catz speaks at the FII PRIORITY Summit in Miami Beach, Florida, on Feb. 20, 2025. Oracle shares enjoyed their best week since 2001 as Wall Street cheered a strong earnings report and bullish comments on the company's prospects in cloud computing. The stock jumped about 24% for the week, with almost all the gains coming in the two trading days after the company's quarterly earnings release. The last time Oracle had a better week was in April 2001, in the midst of the dot-com cr