U.S. stocks surge | Oracle (ORCL.US) rises nearly 4% to hit another all-time high, with a market value surpassing $700 billion.

According to the financial news app, Wisdom Finance, on Thursday, Oracle (ORCL.US) rose nearly 4% intraday, with a market value reaching $700 billion, hitting a new all-time high. So far this year, Oracle's stock price has risen by 51% in total. On the news front, the company announced on Tuesday that it will invest $3 billion in Germany and the Netherlands over the next five years for the construction of artificial intelligence (AI) and cloud computing infrastructure to meet the growing market demand. According to the plan, this cloud computing giant will invest $2 billion in the German market and $1 billion in the Dutch market. This investment will significantly improve Oracle Cloud Infrastructure's (OCI) service capabilities in both countries, with a focus on expanding the scale of AI infrastructure in the Frankfurt and Amsterdam cloud regions.