Oracle adds new AI application, shares trade near recent highs on New York Stock Exchange

Chart & Technical Desk, by Daniel Hoffman. Reviewed before publication on June 29, 2026 at 21:33.

Oracle Corporation (US68389X1054) on Monday highlighted new Fusion Agentic applications for supply chain performance, building on record fiscal year 2026 results leveraging fast-growing cloud infrastructure. The company is listed on the New York Stock Exchange, and ORCL stock has recently traded in the mid-$140s per share, according to several market data snapshots.

New AI-driven Fusion application

Oracle Corp. announced on June 29 that it is expanding its enterprise application suite with AI-powered workflow and automation tools with the addition of new Fusion Agentic applications designed to help customers improve supply chain performance. This release, alongside new recognition in AI-powered customer experience solutions for utilities and credit lending operations in financial services, highlights Oracle’s efforts to position its software as AI-enabled across multiple industries.

New Fusion Agentic applications leverage the power of Oracle’s cloud infrastructure and data platform to coordinate supply chain decisions and integrate signals from logistics, demand planning, and inventory systems to support faster response to disruptions. These applications leverage large-scale AI models hosted on Oracle Cloud Infrastructure and aim to reduce manual intervention. This is a priority for global manufacturers and retailers seeking resiliency after years of supply chain stress.

Record performance and cloud growth in fiscal year 2026

In early June, Oracle reported record fourth-quarter and full-year 2026 results, citing strong revenue and profit growth driven by cloud infrastructure and cloud applications. A detailed analysis of revenue reveals that quarterly revenue grew more than 20% year-over-year as customers’ AI-related workloads increased, total cloud revenue increased 47%, and Oracle Cloud Infrastructure revenue nearly doubled, increasing more than 90% year-over-year.

Oracle’s remaining performance obligations, a measure of its forward contracts, rose sharply in fiscal 2026, with some reports saying the hundreds of billions of dollars in backlog grew by well over 300 percent. A notable portion of this backlog comes from customers prepaying or supplying AI hardware, including GPUs, to help reduce Oracle’s own capital burden while securing long-term cloud consumption commitments.

what the company sells

Oracle generates the majority of its revenue from enterprise software and cloud services, including its database platform, Fusion applications for finance, human resources, and supply chain, and Oracle Cloud Infrastructure for compute, storage, and AI workloads. New Fusion Agentic applications extend this portfolio with AI-driven decision automation, strengthening Oracle’s position in mission-critical back-office and operational software.

Where stocks are traded today

Oracle’s stock trades on the New York Stock Exchange under the ticker ORCL. A recent snapshot of market data on June 29, 2026 shows prices hovering around USD 147-149 per share, but investors should check live quotes for latest levels.

This article was created with the help of AI and reviewed by an editor. Prices and company figures are not guaranteed. Prices and dates are subject to change at short notice. No investment advice or recommendations to buy or sell. Stock market trading involves risks, including up to total loss.