Oracle shares pop 3.3% as Google cloud AI partnership expands

Oracle shares rose 3.3% after the company expanded its Google Cloud AI partnership, bringing Gemini models into Oracle AI Agent Studio for Fusion Applications and embedding them across Fusion Cloud Applications and NetSuite. The deal gives enterprise customers more tools to build and deploy autonomous AI agents and supports Oracle’s multi-model AI strategy, which still allows third-party models. The move was viewed positively for Oracle’s cloud and enterprise software positioning, while Alphabet also got a modest lift from the broader AI collaboration. The stock move also reflected general strength in tech shares, reinforcing investor optimism around AI-driven enterprise software adoption.