Oracle's gains after the market opened once expanded to 40%, with its total market value reaching $950 billion.

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On Wednesday, Oracle's U.S. stock price surged by as much as 40% after the market opened, bringing its total market value to $950 billion, surpassing JPMorgan Chase, Walmart, Eli Lilly, and Visa.

This increase was driven by the company’s strong quarterly results, with nearly $500 billion in orders shaking the market, and a positive outlook for its cloud infrastructure business.

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