A consortium of around 20 banks is providing a project finance loan of about $18 billion to support the construction of a data center campus linked to Oracle in New Mexico, Bloomberg News reported on Friday.
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Although Synopsys stock fell 6.6% yesterday, its enterprise software counterpart Oracle stock may be the more compelling option.
ORCL's growth is driven by its fast-expanding OCI cloud business, major AI partnerships (including OpenAI/Stargate), and accelerating SaaS adoption. Management guides for 16% total revenue growth and 77% OCI growth in FY2026, supported by strong demand for AI workloads and data center expansion. Risks include customer concentration with OpenAI and reliance on major cloud partnerships, but overall prospects are strong with a projected 27% upside.
Oracle (ORCL) concluded the recent trading session at $248.15, signifying a -3.76% move from its prior day's close.
Oracle (ORCL) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Oracle (ORCL) stock has shown remarkable rallies historically. It jumped about 40% in one day earlier this year on report of a massive surge in AI and cloud-related contract backlogs, signaling explosive future growth.
Oracle's Azure-OCI interconnect and Database@Azure let OpenAI run Oracle databases and GPU compute seamlessly with Azure. I believe this is the main factor that motivated the $300B deal. RPO jumped 359% YoY to $455B, with a $317B sequential boost from the 5-year, $300B OpenAI deal. The Street expects accelerating revenue, mainly centered on OCI. To build the Texas and Wisconsin sites, Oracle raised $18B (Sep 25) and is likely in talks for $38B more. FY2026 CapEx guidance is $35B, up 91% YoY.
Oracle (ORCL) stock could be a strong contender to capitalize on the current momentum. Why? Because it possesses strong margins, a low-debt capital structure, and strong momentum.
Oracle stock (NYSE: ORCL) has dropped 7% in a day, currently priced at $257. This decline appears to be due to profit-taking after the stock had soared over 80% in the past six months, largely driven by the announcement of its five-year, $300 billion cloud computing contract with OpenAI.
Oracle Corp (NYSE:ORCL, ETR:ORC) has solidified its position as a major player in the artificial intelligence (AI) infrastructure market, following its $300 billion deal with OpenAI, according to Bank of America analysts. The investment banking firm said Oracle's accelerated capital expenditure and increased GPU density have positioned the company alongside established hyperscalers in the AI compute space.
U.S. President Donald Trump said he might sign a final deal on TikTok on Thursday and has obtained a "provisional approval" from China's President Xi Jinping, whom he is expected to meet later this week in South Korea during his Asia tour.