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Oracle stock gains 36% to post best day since 1992, adding $244 billion in value
Oracle's cloud infrastructure revenue is projected to grow 77% to $18 billion this fiscal year, with multibillion-dollar contracts boosting its remaining performance obligations to $455 billion.
- On September 10, 2025, Oracle Corp shares surged 35.95% to $328.33, marking the biggest single-day gain since 1992 and lifting its market cap to $922 billion.
- This rally followed Oracle's strong fiscal first-quarter results, including a 359% rise in remaining performance obligations to $455 billion and four multibillion-dollar contracts with three customers.
- Oracle's cloud infrastructure and AI-driven services showed robust growth, with cloud revenues up 28% to $7.2 billion and multicloud database revenue soaring 1,529% from Amazon, Google, and Microsoft.
- CEO Safra Catz forecasted a 77% increase in the cloud infrastructure segment, reaching $18 billion in revenue for this fiscal year, and emphasized new major customer agreements, while analysts recognized this as a significant transformation in computing demand.
- The surge boosted broader AI-related stocks and reinforced Oracle's growing role in AI infrastructure, suggesting continued cloud demand expansion and investor confidence in its long-term strategy.
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15 Articles
15 Articles
Oracle share price jumps 36%, posts biggest one-day gain since 1992, adds $244 billion in market value
Oracle's share price surged 36%, reaching $328.33, its largest single-day gain since 1992. The market capitalization rose to $922 billion, outperforming Eli Lilly, JPMorgan Chase, and Walmart, driven by optimism for its cloud business and artificial intelligence demand.
·New Delhi, India
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Leaning Left0Leaning Right2Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
C 60%
R 40%
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