Google’s 100-yr bond sale, Oracle stock upgrade, gold prices rebound

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It’s time for Yahoo Finance’s market minute.

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Software stocks are extending gains as Wall Street analysts push back against AI fears.

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Specifically, Oracle shares are jumping by the most since September after DA Davidson upgraded the stock to buy from neutral.

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Analyst Gil Luria says quote, software isn’t dead.

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Meanwhile, gold climbed back above $1,500 an ounce as dip buyers returned to the market after a volatile week for precious metals.

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Gold has recovered around half of its losses since it plunged from an all-time high back in January.

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And Alphabet plans to sell a rare 100-year bond as part of its latest debt issuance.

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According to Bloomberg, it marks the first sale with a 100-year maturity by a tech firm since Motorola sold this type of debt in 1997.

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In its most recent earnings, Alphabet last week said it’s planning for as much as $185 billion of capital expenditures just this year.

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And that’s your Yahoo Finance market minute. For more on what’s trending on Yahoo Finance, scan the QR code below to track the best and worst performing stocks of the trading session.