Oracle rallies as AI pitch taps into power-hungry economy
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By Esther Luz
Published on April 14, 2026.
Oracle's shares rose by 12.7% to $155.62 after the company pitched AI tools for utilities at its Customer Edge Summit in Austin. The company's Utilities Opower platform, which helped residential utility customers save $369 million in 2025, has delivered 3 billion personalized communications, 100 million high-bill alerts and 41 terawatt-hours of energy savings from 2009 through May 2025. The tools are designed to help utilities handle routine problems more efficiently, from billing issues to grid disruptions. This comes at a time when utilities are being squeezed by both sides of the market. However, the shares remain down about 21% this year and 54% below their September 2025 closing high.
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