Oracle Corp. is offering U.S. federal agencies a 75% discount on its license-based software and a significant price reduction on its cloud-computing services, according to the General Services Administration and a report by the Wall Street Journal.

The temporary pricing agreement runs through November 2025 and applies across government departments that procure technology via the GSA schedule. The agency said the concessions cover both new and existing contracts, potentially lowering information-technology costs for dozens of federal offices during the period.

OpenAI has reached a new agreement with Oracle Corp. to rent about 4.5 gigawatts of data-center capacity across the United States, expanding the companies’ “Stargate” infrastructure programme, according to Bloomberg. The order represents one of the largest known single allocations of computing power for artificial-intelligence workloads.

The electricity demand—roughly the output of several nuclear reactors and enough to supply millions of U.S. homes—will be met through a network of new and expanded Oracle facilities. Sites being evaluated include Texas, Michigan, Wisconsin, Wyoming, New Mexico, Georgia, Ohio and Pennsylvania, while Oracle’s existing Abilene, Texas campus is expected to grow from about 1.2 GW to 2 GW.

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AI-powered accounting platform Campfire has closed a $35 million Series A round led by Accel, with participation from Foundation Capital, Y Combinator, Capital49 and several technology finance chiefs, including Mercury CFO Dan Kang. The financing lifts total capital raised by the San Francisco-based company to roughly $39 million after a 2023 seed round.

Founded two years ago by former Invoice2go executive John Glasgow, Campfire offers an AI-first enterprise-resource-planning system that automates general ledger, revenue recognition and monthly close tasks. The company says more than 100 businesses—some with workforces exceeding 100—have replaced Oracle’s NetSuite and other legacy tools with its software. Current users include wealth-management platform Advisor360, construction tech firm Rhumbix and developer platform Replit.

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Oracle Corp. disclosed in a regulatory filing that it has secured several large cloud services contracts, including one expected to contribute more than $30 billion in annual revenue beginning in fiscal 2028. Chief Executive Officer Safra Catz, in prepared remarks released with the filing, said the agreements underscore a "strong start" to the company’s 2026 fiscal year, which began 1 April.

Catz added that Oracle’s multicloud database revenue is growing at over 100% year-on-year. The projected revenue from the flagship contract alone exceeds the $24.5 billion the company generated from cloud services in its 2025 fiscal year and amounts to roughly half of Oracle’s total revenue for that period.

Investors welcomed the news. Oracle shares jumped as much as 8.6% to an intraday record of $228.22 in New York trading before paring gains to close 4% higher at $218.63. The stock is up about one-third since the start of the year, reflecting optimism that the new cloud deals will accelerate growth and strengthen the company’s position against larger hyperscale rivals.

Stifel analyst Brad Reback upgraded Oracle Corporation (ticker: ORCL) from Hold to Buy, raising the price target to $250 from $180, citing sustainable cloud growth and effective expense management as key drivers for future earnings per share growth. This upgrade reflects confidence in Oracle's cloud infrastructure and SaaS applications, supported by increased capital expenditures and remaining performance obligations. Following this, Oracle shares rose approximately 7%. Subsequently, BMO Capital raised its price target to $245 from $235 while maintaining an Outperform rating, despite caution over potential capital needs in fiscal years 2026 and 2027.

Bernstein SocGen reiterated an Outperform rating with a $225 price target, highlighting Oracle’s multi-year $30 billion cloud deal and growing investor confidence in its multicloud strategy and improving margins. TD Cowen later raised Oracle's price target to a Street-high $275, maintaining a Buy rating. This upgrade was influenced by OpenAI’s expansion of its deal with Oracle, which increases data center capacity and potential revenue growth. Following these developments, Oracle shares rose 2.68% to $236.15, with options volume increasing and a put/call ratio of 0.3, indicating bullish market sentiment and implied volatility suggesting a $5.20 daily price move.

Stifel analyst Brad Reback upgraded Oracle Corporation (NYSE: ORCL) to a Buy rating from Hold, raising the price target to $250 from $180. The upgrade was driven by expectations of sustainable cloud growth, including infrastructure and SaaS applications, supported by increased capital expenditure and remaining performance obligations. Following this, BMO Capital raised its price target to $245 from $235 while maintaining an Outperform rating, citing optimism about Oracle's growth despite potential capital needs in fiscal years 2026 and 2027. Citizens JMP reiterated a Market Outperform rating with a $240 price target, highlighting Oracle's large OpenAI deal, substantial cloud contracts, and strong year-to-date stock gains.

TD Cowen further raised the price target to a Street-high $275 from $250, maintaining a Buy rating. The analyst noted strong upside potential for revenue and EPS growth driven by a massive OpenAI-linked data center deal and a potential $200 billion-plus remaining performance obligation. Bernstein SocGen maintained an Outperform rating with a $225 price target, supporting Oracle's multi-year $30 billion cloud deal, growing investor confidence in its multicloud strategy, and improving margins. Oracle's stock responded positively to these upgrades, with a notable 7% increase following Stifel's announcement.

Stifel analyst Brad Reback upgraded Oracle to Buy from Hold and lifted his 12-month price target to $250 from $180, implying roughly 30% upside. The note cites the software maker’s rapid increase in cloud-infrastructure spending, strong backlog in remaining performance obligations and disciplined expense management, which Stifel believes can sustain double-digit earnings-per-share growth.

Separately, Jefferies raised Walt Disney to Buy from Hold and boosted its target to $144 from $100. Analyst James Heaney argues that any late-2025 slowdown at the company’s theme parks now looks unlikely, while the scheduled launch of two cruise ships next year could add more than $1 billion in revenue. Jefferies also expects Disney’s direct-to-consumer margins to expand from break-even in fiscal 2024 to above 13% by 2028, helped by a stronger content pipeline that includes ESPN’s stand-alone streaming service, ‘Avatar 3’ and ‘Zootopia 2’.

Disney shares rose about 2% in early trading to $124.84, while Oracle’s stock was little changed in pre-market activity. Both calls add to a trend of Wall Street firms turning more positive on large-cap technology and media names as they lean on subscription revenue and cost controls to lift profitability.

OpenAI Chief Executive Officer Sam Altman accused Elon Musk of attempting to wield government influence to gain a commercial edge for Musk’s artificial-intelligence start-up, xAI. Speaking on an OpenAI podcast released 19 June, Altman said he "didn’t think Elon was going to abuse his power in the government" but claimed he was forced to rethink that view after recent events.

Altman was responding to a Wall Street Journal report alleging that Musk pushed U.S. officials to block the $500 billion Stargate project—an international plan to build the world’s largest cluster of AI data centers—unless xAI was included as a partner. Altman said the administration ultimately rebuffed Musk’s efforts, allowing the project to proceed.

The Stargate initiative, backed by SoftBank, OpenAI, Oracle and others, aims to bring its first gigawatt-scale facility online in 2026. Musk has not publicly commented on Altman’s remarks or the Journal’s findings.

Oracle Corporation has partnered with xAI to integrate xAI's Grok 3 AI models into Oracle Cloud Infrastructure's (OCI) Generative AI service. This collaboration enables corporate customers to access Grok 3 for applications in content creation, research, and business process automation while maintaining their existing data security protocols. Oracle's Senior Vice President for Cloud Infrastructure, Karan Batta, highlighted that Grok 3 will be offered from Oracle's data centers, ensuring data protection for enterprise users. xAI will also utilize OCI's scalable, high-performance, and cost-efficient AI infrastructure to train and run inferencing for future Grok models. This addition expands Oracle's portfolio of AI models available on OCI, which already includes offerings such as Meta's Llama family, Cohere Command R and Command, and Mistral open-source models. The partnership reflects Oracle's commitment to enhancing its AI services amid growing demand for generative AI capabilities in the corporate sector.

Oracle Corp. has launched the Oracle Defense Ecosystem, a new program designed to help smaller technology and artificial intelligence companies gain access to the Pentagon's procurement processes. The initiative aims to support U.S. and allied national security by integrating cutting-edge cloud and AI technologies.

Participating suppliers will benefit from access to Oracle's office spaces and expertise in navigating Department of Defense purchasing procedures. The program includes strategic partnerships with firms such as Arqit, Nokia Federal Solutions, and Metron, leveraging Oracle Cloud Infrastructure to enhance data security and resilience. Additionally, Oracle has formed an alliance with Nextcloud to deploy Nextcloud Hub across Oracle Cloud Infrastructure's sovereign cloud solutions, further expanding its government and enterprise offerings. This move represents an effort by Oracle to broaden its influence in defense technology and support innovation among smaller tech firms.

Oracle Corp. plans to invest about $25 billion in new data-center capacity as it seeks to scale infrastructure demanded by artificial-intelligence applications, according to information circulating on 17 June.

Amazon.com Inc., meanwhile, intends to spend roughly $13 billion to expand its data-center footprint in Australia, underscoring the escalating capital race among major cloud providers to accommodate AI workloads.

Oracle Corporation's stock experienced its best weekly performance since April 2001, rising approximately 24% over the week ending June 13, 2025. The majority of these gains occurred in the two trading days following the company's quarterly earnings report, which highlighted strong momentum in its cloud computing business. Year-to-date, Oracle's stock has increased by 29%, significantly outperforming the Nasdaq Composite Index, which is up only 1% in 2025. Market analysts noted that the stock's recent surge and subsequent minor pullback suggest a strong technical position if it maintains support at the 8-day moving average. This performance underscores investor confidence in Oracle's cloud strategy amid a competitive technology sector.

Oracle Corp's shares surged more than 13% on Thursday, closing at a record high of $199.87 after the company reported fiscal fourth-quarter results that exceeded Wall Street expectations. During intraday trading, the stock reached an all-time peak of $202.44. The strong quarterly earnings contributed to Oracle's best weekly performance since 2001, with the stock gaining approximately 24% over the week. Most of these gains occurred in the two trading days following the earnings release, driven by positive momentum in Oracle's cloud business.

Oracle Corp. (ticker: ORCL) has experienced a notable surge in its stock price, with traders reporting returns exceeding 200% from recent trading setups. The stock's breakout began with a gap-and-go pattern, identified as a repeatable and high-quality setup by trading communities such as TENETTRADEGROUP. The price moved from an opening dip near $189 to a high of $215, meeting target levels and prompting significant options activity.

Analysts highlighted the stock's rare 90 daily Relative Strength Index (RSI), indicating strong momentum, though cautioning that such RSI levels can sometimes lead to consolidation rather than immediate sell-offs. Market participants emphasized the importance of holding the $214 level to maintain upward momentum. The trading strategy employed focuses on selective, high-probability setups rather than frequent trades, contributing to profitable outcomes. These developments have drawn attention from traders and analysts monitoring key trade setups amid broader market rebounds and oil price pullbacks.

Larry Ellison, co-founder and chairman of Oracle Corporation, has become the world's second-richest person following a substantial surge in Oracle's stock price. Oracle's market capitalization reached a record $586 billion, with Ellison owning 41% of the company, valued at approximately $240 billion. This marks a significant increase from 2010 when Oracle was valued at $87 billion and Ellison owned about 27%, worth $24 billion. Ellison's net worth increased by $26 billion in a single day, surpassing notable billionaires Jeff Bezos and Mark Zuckerberg. As of June 15, 2025, Ellison's net worth is estimated at $256.1 billion, second only to Elon Musk, whose net worth stands at $408.2 billion.

Larry Ellison, co-founder and chairman of Oracle Corporation, has become the second-richest person in the world following a surge in Oracle's stock price. Oracle's market capitalization reached a record $586 billion, with Ellison owning 41% of the company, valued at approximately $240 billion. This marks a substantial increase from 2010, when Oracle was valued at $87 billion and Ellison's stake was worth around $24 billion. Ellison's net worth jumped by about $23 billion in a single day, surpassing Jeff Bezos and Mark Zuckerberg on the global wealth rankings. The rise in Oracle's stock was driven by strong company performance and optimism about its cloud infrastructure expansion plans. Ellison's wealth increase represents the largest daily gain among billionaires according to Forbes data.

Barclays has reiterated its overweight rating on Oracle Corporation (ORCL) following the company's recent earnings report, expressing confidence that the fourth quarter will boost investor interest and validate Oracle's medium-term growth prospects. Barclays also raised its price target for Oracle shares to $221. Oracle's stock has reached all-time highs, climbing an additional 2% recently, which coincided with a $30 billion increase in CEO Larry Ellison's net worth. Market observers noted that Oracle has sold out of its available inventory and production capacity, suggesting strong demand and limited supply. This bullish sentiment has driven Oracle's shares up by approximately $15 in recent trading sessions.

Oracle Corporation reported its fiscal fourth-quarter 2025 earnings, surpassing Wall Street estimates with adjusted earnings per share (EPS) of $1.70 versus the $1.64 consensus and revenue of $15.9 billion compared to the $15.59 billion forecast, marking an 11% year-over-year increase. The company’s adjusted operating income reached $7 billion, and adjusted net income was $4.9 billion, both exceeding expectations. Oracle highlighted robust growth in its cloud business, with total cloud revenue rising 27% year-over-year to $6.7 billion, including a 52% increase in cloud infrastructure (IaaS) revenue and a 14% rise in cloud services and license support revenue to $11.7 billion. CEO Safra Catz projected fiscal 2026 cloud growth accelerating sharply, expecting total cloud growth to exceed 40%, up from 24% in fiscal 2025, and cloud infrastructure growth to surpass 70%, up from 50% the previous year.

Remaining performance obligations (RPO) increased 41% year-over-year to $138 billion, with multi-cloud database revenue from Amazon, Google, and Microsoft Azure growing 115% quarter-over-quarter. Oracle’s shares surged over 14%, closing above $200 for the first time and marking the company’s best weekly stock performance since 2001 with a 24% gain. The company also raised its full-year 2026 revenue guidance to over $67 billion, driven by strong demand for AI-related cloud services. Meanwhile, Adobe Inc. reported second-quarter fiscal 2025 revenue of $5.87 billion, up 11% year-over-year and beating estimates of $5.8 billion. Adobe’s adjusted EPS was $5.06, surpassing the $4.98 consensus. The company raised its full-year 2025 revenue and EPS guidance, citing strong demand for AI-powered products such as Firefly and Acrobat AI Assistant. Restoration Hardware (RH) reported first-quarter 2025 adjusted EPS of $0.13, beating estimates of -$0.07, with revenue of $814 million, up 12% year-over-year but slightly below estimates. RH reaffirmed its fiscal 2026 revenue growth target of 10% to 13%, driven by strong demand in Europe, particularly England. RH’s shares rose more than 15% after the earnings release, supported by management’s efforts to mitigate tariff impacts and positive forward guidance.

Oracle Corporation announced it will offer clusters of up to 131,000 AMD MI355X chips within its Oracle Cloud Infrastructure (OCI). This collaboration between Oracle and AMD aims to deliver enhanced performance for large-scale artificial intelligence (AI) and agentic workloads. The partnership supports customers in deploying secure and transparent enterprise AI solutions, including the development of next-generation vision-language foundation models. One of the early adopters, Seekr, has chosen OCI AI infrastructure combined with AMD GPUs to accelerate its AI deployments.

Oracle Corp. said it has signed a “gigantic” cloud-infrastructure contract with Temu, the fast-growing Chinese e-commerce retailer owned by PDD Holdings. The agreement deepens Oracle’s business with major Chinese technology companies in the United States, adding to its existing mandate to host TikTok’s U.S. data on Oracle Cloud Infrastructure.

The announcement came alongside the company’s latest earnings release, which delivered revenue and profit that exceeded Wall Street estimates and was accompanied by what analysts described as a solid outlook for further cloud growth. Market participants highlighted the stronger-than-expected results and the new contract as evidence that Oracle’s multi-year push into cloud services is gaining traction among large, international customers.

Oracle Corp. is offering U.S. federal agencies a 75% discount on its license-based software and a significant price reduction on its cloud-computing services, according to the General Services Administration and a report by the Wall Street Journal.

The temporary pricing agreement runs through November 2025 and applies across government departments that procure technology via the GSA schedule. The agency said the concessions cover both new and existing contracts, potentially lowering information-technology costs for dozens of federal offices during the period.

OpenAI has reached a new agreement with Oracle Corp. to rent about 4.5 gigawatts of data-center capacity across the United States, expanding the companies’ “Stargate” infrastructure programme, according to Bloomberg. The order represents one of the largest known single allocations of computing power for artificial-intelligence workloads.

The electricity demand—roughly the output of several nuclear reactors and enough to supply millions of U.S. homes—will be met through a network of new and expanded Oracle facilities. Sites being evaluated include Texas, Michigan, Wisconsin, Wyoming, New Mexico, Georgia, Ohio and Pennsylvania, while Oracle’s existing Abilene, Texas campus is expected to grow from about 1.2 GW to 2 GW.

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AI-powered accounting platform Campfire has closed a $35 million Series A round led by Accel, with participation from Foundation Capital, Y Combinator, Capital49 and several technology finance chiefs, including Mercury CFO Dan Kang. The financing lifts total capital raised by the San Francisco-based company to roughly $39 million after a 2023 seed round.

Founded two years ago by former Invoice2go executive John Glasgow, Campfire offers an AI-first enterprise-resource-planning system that automates general ledger, revenue recognition and monthly close tasks. The company says more than 100 businesses—some with workforces exceeding 100—have replaced Oracle’s NetSuite and other legacy tools with its software. Current users include wealth-management platform Advisor360, construction tech firm Rhumbix and developer platform Replit.

Read more

Oracle Corp. disclosed in a regulatory filing that it has secured several large cloud services contracts, including one expected to contribute more than $30 billion in annual revenue beginning in fiscal 2028. Chief Executive Officer Safra Catz, in prepared remarks released with the filing, said the agreements underscore a "strong start" to the company’s 2026 fiscal year, which began 1 April.

Catz added that Oracle’s multicloud database revenue is growing at over 100% year-on-year. The projected revenue from the flagship contract alone exceeds the $24.5 billion the company generated from cloud services in its 2025 fiscal year and amounts to roughly half of Oracle’s total revenue for that period.

Investors welcomed the news. Oracle shares jumped as much as 8.6% to an intraday record of $228.22 in New York trading before paring gains to close 4% higher at $218.63. The stock is up about one-third since the start of the year, reflecting optimism that the new cloud deals will accelerate growth and strengthen the company’s position against larger hyperscale rivals.

Stifel analyst Brad Reback upgraded Oracle Corporation (ticker: ORCL) from Hold to Buy, raising the price target to $250 from $180, citing sustainable cloud growth and effective expense management as key drivers for future earnings per share growth. This upgrade reflects confidence in Oracle's cloud infrastructure and SaaS applications, supported by increased capital expenditures and remaining performance obligations. Following this, Oracle shares rose approximately 7%. Subsequently, BMO Capital raised its price target to $245 from $235 while maintaining an Outperform rating, despite caution over potential capital needs in fiscal years 2026 and 2027.

Bernstein SocGen reiterated an Outperform rating with a $225 price target, highlighting Oracle’s multi-year $30 billion cloud deal and growing investor confidence in its multicloud strategy and improving margins. TD Cowen later raised Oracle's price target to a Street-high $275, maintaining a Buy rating. This upgrade was influenced by OpenAI’s expansion of its deal with Oracle, which increases data center capacity and potential revenue growth. Following these developments, Oracle shares rose 2.68% to $236.15, with options volume increasing and a put/call ratio of 0.3, indicating bullish market sentiment and implied volatility suggesting a $5.20 daily price move.

Stifel analyst Brad Reback upgraded Oracle Corporation (NYSE: ORCL) to a Buy rating from Hold, raising the price target to $250 from $180. The upgrade was driven by expectations of sustainable cloud growth, including infrastructure and SaaS applications, supported by increased capital expenditure and remaining performance obligations. Following this, BMO Capital raised its price target to $245 from $235 while maintaining an Outperform rating, citing optimism about Oracle's growth despite potential capital needs in fiscal years 2026 and 2027. Citizens JMP reiterated a Market Outperform rating with a $240 price target, highlighting Oracle's large OpenAI deal, substantial cloud contracts, and strong year-to-date stock gains.

TD Cowen further raised the price target to a Street-high $275 from $250, maintaining a Buy rating. The analyst noted strong upside potential for revenue and EPS growth driven by a massive OpenAI-linked data center deal and a potential $200 billion-plus remaining performance obligation. Bernstein SocGen maintained an Outperform rating with a $225 price target, supporting Oracle's multi-year $30 billion cloud deal, growing investor confidence in its multicloud strategy, and improving margins. Oracle's stock responded positively to these upgrades, with a notable 7% increase following Stifel's announcement.

Stifel analyst Brad Reback upgraded Oracle to Buy from Hold and lifted his 12-month price target to $250 from $180, implying roughly 30% upside. The note cites the software maker’s rapid increase in cloud-infrastructure spending, strong backlog in remaining performance obligations and disciplined expense management, which Stifel believes can sustain double-digit earnings-per-share growth.

Separately, Jefferies raised Walt Disney to Buy from Hold and boosted its target to $144 from $100. Analyst James Heaney argues that any late-2025 slowdown at the company’s theme parks now looks unlikely, while the scheduled launch of two cruise ships next year could add more than $1 billion in revenue. Jefferies also expects Disney’s direct-to-consumer margins to expand from break-even in fiscal 2024 to above 13% by 2028, helped by a stronger content pipeline that includes ESPN’s stand-alone streaming service, ‘Avatar 3’ and ‘Zootopia 2’.

Disney shares rose about 2% in early trading to $124.84, while Oracle’s stock was little changed in pre-market activity. Both calls add to a trend of Wall Street firms turning more positive on large-cap technology and media names as they lean on subscription revenue and cost controls to lift profitability.

OpenAI Chief Executive Officer Sam Altman accused Elon Musk of attempting to wield government influence to gain a commercial edge for Musk’s artificial-intelligence start-up, xAI. Speaking on an OpenAI podcast released 19 June, Altman said he "didn’t think Elon was going to abuse his power in the government" but claimed he was forced to rethink that view after recent events.

Altman was responding to a Wall Street Journal report alleging that Musk pushed U.S. officials to block the $500 billion Stargate project—an international plan to build the world’s largest cluster of AI data centers—unless xAI was included as a partner. Altman said the administration ultimately rebuffed Musk’s efforts, allowing the project to proceed.

The Stargate initiative, backed by SoftBank, OpenAI, Oracle and others, aims to bring its first gigawatt-scale facility online in 2026. Musk has not publicly commented on Altman’s remarks or the Journal’s findings.

Oracle Corporation has partnered with xAI to integrate xAI's Grok 3 AI models into Oracle Cloud Infrastructure's (OCI) Generative AI service. This collaboration enables corporate customers to access Grok 3 for applications in content creation, research, and business process automation while maintaining their existing data security protocols. Oracle's Senior Vice President for Cloud Infrastructure, Karan Batta, highlighted that Grok 3 will be offered from Oracle's data centers, ensuring data protection for enterprise users. xAI will also utilize OCI's scalable, high-performance, and cost-efficient AI infrastructure to train and run inferencing for future Grok models. This addition expands Oracle's portfolio of AI models available on OCI, which already includes offerings such as Meta's Llama family, Cohere Command R and Command, and Mistral open-source models. The partnership reflects Oracle's commitment to enhancing its AI services amid growing demand for generative AI capabilities in the corporate sector.

Oracle Corp. has launched the Oracle Defense Ecosystem, a new program designed to help smaller technology and artificial intelligence companies gain access to the Pentagon's procurement processes. The initiative aims to support U.S. and allied national security by integrating cutting-edge cloud and AI technologies.

Participating suppliers will benefit from access to Oracle's office spaces and expertise in navigating Department of Defense purchasing procedures. The program includes strategic partnerships with firms such as Arqit, Nokia Federal Solutions, and Metron, leveraging Oracle Cloud Infrastructure to enhance data security and resilience. Additionally, Oracle has formed an alliance with Nextcloud to deploy Nextcloud Hub across Oracle Cloud Infrastructure's sovereign cloud solutions, further expanding its government and enterprise offerings. This move represents an effort by Oracle to broaden its influence in defense technology and support innovation among smaller tech firms.

Oracle Corp. plans to invest about $25 billion in new data-center capacity as it seeks to scale infrastructure demanded by artificial-intelligence applications, according to information circulating on 17 June.

Amazon.com Inc., meanwhile, intends to spend roughly $13 billion to expand its data-center footprint in Australia, underscoring the escalating capital race among major cloud providers to accommodate AI workloads.

Oracle Corporation's stock experienced its best weekly performance since April 2001, rising approximately 24% over the week ending June 13, 2025. The majority of these gains occurred in the two trading days following the company's quarterly earnings report, which highlighted strong momentum in its cloud computing business. Year-to-date, Oracle's stock has increased by 29%, significantly outperforming the Nasdaq Composite Index, which is up only 1% in 2025. Market analysts noted that the stock's recent surge and subsequent minor pullback suggest a strong technical position if it maintains support at the 8-day moving average. This performance underscores investor confidence in Oracle's cloud strategy amid a competitive technology sector.

Oracle Corp's shares surged more than 13% on Thursday, closing at a record high of $199.87 after the company reported fiscal fourth-quarter results that exceeded Wall Street expectations. During intraday trading, the stock reached an all-time peak of $202.44. The strong quarterly earnings contributed to Oracle's best weekly performance since 2001, with the stock gaining approximately 24% over the week. Most of these gains occurred in the two trading days following the earnings release, driven by positive momentum in Oracle's cloud business.

Oracle Corp. (ticker: ORCL) has experienced a notable surge in its stock price, with traders reporting returns exceeding 200% from recent trading setups. The stock's breakout began with a gap-and-go pattern, identified as a repeatable and high-quality setup by trading communities such as TENETTRADEGROUP. The price moved from an opening dip near $189 to a high of $215, meeting target levels and prompting significant options activity.

Analysts highlighted the stock's rare 90 daily Relative Strength Index (RSI), indicating strong momentum, though cautioning that such RSI levels can sometimes lead to consolidation rather than immediate sell-offs. Market participants emphasized the importance of holding the $214 level to maintain upward momentum. The trading strategy employed focuses on selective, high-probability setups rather than frequent trades, contributing to profitable outcomes. These developments have drawn attention from traders and analysts monitoring key trade setups amid broader market rebounds and oil price pullbacks.

Larry Ellison, co-founder and chairman of Oracle Corporation, has become the world's second-richest person following a substantial surge in Oracle's stock price. Oracle's market capitalization reached a record $586 billion, with Ellison owning 41% of the company, valued at approximately $240 billion. This marks a significant increase from 2010 when Oracle was valued at $87 billion and Ellison owned about 27%, worth $24 billion. Ellison's net worth increased by $26 billion in a single day, surpassing notable billionaires Jeff Bezos and Mark Zuckerberg. As of June 15, 2025, Ellison's net worth is estimated at $256.1 billion, second only to Elon Musk, whose net worth stands at $408.2 billion.

Larry Ellison, co-founder and chairman of Oracle Corporation, has become the second-richest person in the world following a surge in Oracle's stock price. Oracle's market capitalization reached a record $586 billion, with Ellison owning 41% of the company, valued at approximately $240 billion. This marks a substantial increase from 2010, when Oracle was valued at $87 billion and Ellison's stake was worth around $24 billion. Ellison's net worth jumped by about $23 billion in a single day, surpassing Jeff Bezos and Mark Zuckerberg on the global wealth rankings. The rise in Oracle's stock was driven by strong company performance and optimism about its cloud infrastructure expansion plans. Ellison's wealth increase represents the largest daily gain among billionaires according to Forbes data.

Barclays has reiterated its overweight rating on Oracle Corporation (ORCL) following the company's recent earnings report, expressing confidence that the fourth quarter will boost investor interest and validate Oracle's medium-term growth prospects. Barclays also raised its price target for Oracle shares to $221. Oracle's stock has reached all-time highs, climbing an additional 2% recently, which coincided with a $30 billion increase in CEO Larry Ellison's net worth. Market observers noted that Oracle has sold out of its available inventory and production capacity, suggesting strong demand and limited supply. This bullish sentiment has driven Oracle's shares up by approximately $15 in recent trading sessions.

Oracle Corporation reported its fiscal fourth-quarter 2025 earnings, surpassing Wall Street estimates with adjusted earnings per share (EPS) of $1.70 versus the $1.64 consensus and revenue of $15.9 billion compared to the $15.59 billion forecast, marking an 11% year-over-year increase. The company’s adjusted operating income reached $7 billion, and adjusted net income was $4.9 billion, both exceeding expectations. Oracle highlighted robust growth in its cloud business, with total cloud revenue rising 27% year-over-year to $6.7 billion, including a 52% increase in cloud infrastructure (IaaS) revenue and a 14% rise in cloud services and license support revenue to $11.7 billion. CEO Safra Catz projected fiscal 2026 cloud growth accelerating sharply, expecting total cloud growth to exceed 40%, up from 24% in fiscal 2025, and cloud infrastructure growth to surpass 70%, up from 50% the previous year.

Remaining performance obligations (RPO) increased 41% year-over-year to $138 billion, with multi-cloud database revenue from Amazon, Google, and Microsoft Azure growing 115% quarter-over-quarter. Oracle’s shares surged over 14%, closing above $200 for the first time and marking the company’s best weekly stock performance since 2001 with a 24% gain. The company also raised its full-year 2026 revenue guidance to over $67 billion, driven by strong demand for AI-related cloud services. Meanwhile, Adobe Inc. reported second-quarter fiscal 2025 revenue of $5.87 billion, up 11% year-over-year and beating estimates of $5.8 billion. Adobe’s adjusted EPS was $5.06, surpassing the $4.98 consensus. The company raised its full-year 2025 revenue and EPS guidance, citing strong demand for AI-powered products such as Firefly and Acrobat AI Assistant. Restoration Hardware (RH) reported first-quarter 2025 adjusted EPS of $0.13, beating estimates of -$0.07, with revenue of $814 million, up 12% year-over-year but slightly below estimates. RH reaffirmed its fiscal 2026 revenue growth target of 10% to 13%, driven by strong demand in Europe, particularly England. RH’s shares rose more than 15% after the earnings release, supported by management’s efforts to mitigate tariff impacts and positive forward guidance.

Oracle Corporation announced it will offer clusters of up to 131,000 AMD MI355X chips within its Oracle Cloud Infrastructure (OCI). This collaboration between Oracle and AMD aims to deliver enhanced performance for large-scale artificial intelligence (AI) and agentic workloads. The partnership supports customers in deploying secure and transparent enterprise AI solutions, including the development of next-generation vision-language foundation models. One of the early adopters, Seekr, has chosen OCI AI infrastructure combined with AMD GPUs to accelerate its AI deployments.

Oracle Corp. said it has signed a “gigantic” cloud-infrastructure contract with Temu, the fast-growing Chinese e-commerce retailer owned by PDD Holdings. The agreement deepens Oracle’s business with major Chinese technology companies in the United States, adding to its existing mandate to host TikTok’s U.S. data on Oracle Cloud Infrastructure.

The announcement came alongside the company’s latest earnings release, which delivered revenue and profit that exceeded Wall Street estimates and was accompanied by what analysts described as a solid outlook for further cloud growth. Market participants highlighted the stronger-than-expected results and the new contract as evidence that Oracle’s multi-year push into cloud services is gaining traction among large, international customers.