Bulls remain in control of the market in the short-term, and the price action is telling them to stay long for now. While investors should continue to be vigilent about seasonality and a potential post-FOMC pullback, price remains king.
Wall Street's "AI trade" has propelled the market to record highs this year, and Oracle's stunning share-price gains are giving investors another reason to back the trade.
Oracle Corporation surged after announcing record $455B in cloud bookings, driven by a massive AI infrastructure deal with OpenAI. Cloud infrastructure revenue is projected to grow at a 70% 5-year CAGR, potentially matching Google Cloud by 2030 if targets are met. Despite strong growth, ORCL trades at a high P/E and faces negative free cash flow and rising debt due to heavy AI-related CapEx.
ORCL's RPO skyrockets 359% Y/Y to $455B in Q1 FY26, fueled by major AI cloud deals and signaling powerful forward visibility.
Oracle stock was heading even higher as the market digests its cloud-computing surge. Its future success depends on OpenAI.
Oracle (ORCL) shares advanced in premarket trading Thursday, a day after skyrocketing 36% in their best session since 1992.
Oracle Corp (NYSE:ORCL, ETR:ORC)'s market capitalization is approaching $1 trillion after its stock price soared 36% on Wednesday as gains in enterprise software maker's AI cloud business powered the company's latest financial results. Oracle said it now expects its cloud infrastructure revenue to reach $144 billion in fiscal 2030, up from $10.3 billion in 2025.
Oracle's (NASDAQ: ORCL) stock price is soaring as investors react to the company's earnings, which included strong revenue growth projections.
Nvidia stock was rising as Oracle's cloud computing backlog could translate into huge spending on artificial-intelligence chips.
John Boozman, an American politician serving as the senior U.S. senator from Arkansas, invested in several stocks on April 16, 2025.
OpenAI appears to have developed an appetite not just for data, but for power: to the tune of $300 billion. That is the reported value of a five-year contract signed with Oracle, making it one of the largest cloud computing deals ever struck, according to the Wall Street Journal.
Larry Ellison has long collected islands, yachts and even a tennis tournament. Now, he has come within a whisker of collecting the title of the world's richest man.