Oracle Corp. (NYSE:ORCL) charged into Friday’s session on pace for its sixth consecutive positive close, capping a week in which the stock has ripped more than 30% higher. 

If the gains hold into the close, it would mark Oracle’s best week since 1999, the height of the dot-com boom, and one of the most explosive runs in the company’s public market history.

ORCL stock is moving. See the chart and price action here. 

From Punching Bag To Market Darling

Just a week ago, Oracle looked broken. 

Shares had slid roughly 58% from a 52-week high of $345.72 to a low near $121.24, battered by fears that AI-native rivals like Anthropic and OpenAI would cannibalize legacy enterprise software. 

Investors were also nervous that Oracle’s aggressive capex, paired with 30,000 announced layoffs, signaled a company stretching its balance sheet thin.

Then the tape flipped. Oracle closed at $178.34 on Thursday after a 5.02% pop on volume of more than 46 million shares, according to