Tech giants have long been a favorite hunting ground for billionaire hedge fund managers seeking stable growth and exposure to transformative trends. From cloud computing to artificial intelligence (AI), these companies often deliver the kind of scale, recurring revenue, and innovation that Wall Street loves. One such giant is Oracle (ORCL), a software and cloud infrastructure leader that’s steadily carving out a bigger role in the AI-driven enterprise landscape.
Recently, billionaire Philippe Laffont’s Coatue Management made a bold move by acquiring roughly 3.86 million shares of Oracle, worth about $843.3 million. This sizable bet signals strong confidence in Oracle’s growth trajectory, as the company expands its cloud and AI offerings to compete with industry heavyweights like Microsoft (MSFT) and Amazon (AMZN).
Let’s take a closer look at whether Oracle’s momentum and strategic moves make it a stock worth holding now.
Based in Austin, Texas, Oracle is a tech company and a global leader in enterprise software and cloud solutions, steadily building its position in 2025. Its push into AI, growing cloud infrastructure, and partnerships have fueled strong demand. Oracle hit an all-time high this year, driven by major AI projects and a key cloud deal, putting it among the top cloud providers. With its powerful Software-as-a-Service (SaaS), database, and Oracle Cloud Infrastructure (OCI) offerings, Oracle is well-positioned for AI-driven growth.
Valued at $690 billion by market cap, Oracle has been one of the top performers in 2025, climbing about 47% year-to-date. The rally has been fueled by surging demand for cloud computing and AI services, with cloud sales posting sharp gains. Strong growth in future bookings, record annual revenue, and aggressive multi-cloud partnerships have further strengthened investor confidence.
Oracle Supercharges Cloud & AI Growth
Oracle is rapidly expanding its cloud business, which now has the biggest part of its revenue. Demand for its cloud services, like OCI (infrastructure) and SaaS (Fusion/NetSuite), is also rising thanks to partnerships with AWS, Microsoft (MSFT) Azure, and Google (GOOGL) Cloud. CEO Larry Ellison said Oracle now has dozens of OCI regions running on Azure and Google, plus a new AWS deal using its Exadata hardware. The company is also investing heavily in AI, building a huge Nvidia (NVDA) powered data center and signing $3 billion worth of new cloud-GPU contracts.
