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BiyaPay analyst: Oracle soared by 247 billion overnight, igniting the global AI market

Source: BlockBeats
According to BlockBeats, on September 11, BiyaPay analysts pointed out that the US stock market ushered in a shocking feast last night. Technology giant Oracle (ORCL.US) released financial reports and AI-related guidelines that far exceeded expectations. Not only did the stock price soar 36%, the largest single-day increase since 1992, it also increased its market value to nearly one trillion US dollars, ranking among the top ten in the US stock market value, surpassing traditional financial giants such as JPMorgan Chase. In this outbreak of "AI violent aesthetics", many core data are eye-catching: Oracle's unfulfilled obligation (RPO) soared to US$455 billion, a year-on-year increase of 359%; its expected price-to-earnings ratio exceeded 48 times, setting a new high since 2001; CEO Ellison's wealth surged by US$88.5 billion in a single day, once ranked the world's richest man. Wall Street institutions have raised their target prices one after another, and Citi has given a maximum expectation of $410. The "explosive growth" of Oracle's financial report not only reversed the market's doubts about the sustainability of the AI ​​boom, but also led to a full rebound of AI concept stocks such as AMD, Nvidia, and Broadcom, announcing that AI infrastructure investment has entered a new stage. As a global multi-market intelligent financial platform, BiyaPay is helping users quickly track the US and Hong Kong stock market and conveniently trade popular technology stocks. Through BiyaPay, users can use USDT to recharge and directly participate in US stock trading, including leading AI companies such as Oracle (ORCL.US), NVDA.US, to achieve seamless connection between digital assets and traditional stock markets.
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