Oracle Stock Pops as Company Shows It Is Catching Up in the Cloud Race. Here's What That Means for Investors

The company's cloud computing unit is showing outsized growth, which is only expected to accelerate, making it a major player in the space. Oracle is shifting from a value stock to a growth stock. When it comes to cloud computing, Oracle (NYSE: ORCL) has long been an afterthought to the big three players in the space: Amazon's AWS, Microsoft's Azure, and Alphabet's Google Cloud.