Why Oracle Stock Is Jumping Today

Shares of Oracle (NYSE: ORCL) jumped 4.2% as of 3:50 p.m. ET Tuesday. The jump comes as the S&P 500 and the Nasdaq Composite both had positive days.The tech company announced a new contract with the state of Texas that will help Texas public safety officers leverage artificial intelligence (AI).Texas agencies now have streamlined access to the Oracle Public Safety Suite via a new contract with the Texas Department of Information Resources (DIR). This partnership gives law enforcement, emergency services, schools, and other public entities streamlined access to AI-enhanced safety tools through what it says is a simplified, pre-negotiated process. The tools help integrate key functions of call-taking, dispatch, record tracking, and evidence management into a unified system. The tools also feature generative AI-assisted case reporting and record management to help reduce administrative workloads.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool