Oracle posts its best week since 1999, up nearly 27% by April 16

Oracle shares rallied sharply in the week of April 13, gaining nearly 27% through midmorning on April 16, the strongest weekly gain since June 1999. The move followed the Bloom Energy power deal, which lifted the stock about 13% on April 13, and the AWS multicloud collaboration. A calmer geopolitical backdrop also lifted large-cap AI names and broader markets that month.

• Gain of nearly 27% in the week of April 13 through midmorning April 16
• Shares rose about 13% on Monday, April 13, after the Bloom Energy agreement
• Described as the best weekly gain since June 1999