Oracle's AI-Driven Cloud Surge Propels Larry Ellison to World's Richest

Oracle's cloud pipeline is stuffed with LLM cash

Comment An industry adage has it that Oracle's calculator only has a plus button, which is reassuring for investors. Yesterday, they were effusive with praise for Big Red over projected revenues as its share price soared more than 27 percent, and CTO and co-founder Larry Ellison was positioned to

Oracle nears $1 trillion valuation, Ellison edges toward richest-person title

Sept 11 (Reuters) - Oracle's (ORCL.N), opens new tab shares rose on Thursday, adding to a record run in the previous session and lifting stocks across the tech sector, as the company inches closer to the trillion-dollar club on soaring gains from its AI cloud business. The enterprise software

How Oracle's Larry Ellison rode the AI 'tsunami'

Oracle has become the latest big winner from Wall Street's blockbuster bet on artificial intelligence, for now. Co-founder Larry Ellison and chief executive Safra Catz, in an earnings report this week, revealed Oracle's pipeline of contracts to supply computing power to AI groups had expanded to

Broadcom is a big Oracle derivative play as investors get keen on next phase of AI

Oracle 's staggering forecast has reignited enthusiasm for artificial intelligence, particularly for one specialized chipmaker. The knockout revenue forecast made it clear that demand for AI workloads is set to continue, reassuring investors about long-term returns beyond the resource-intensive

Oracle's Larry Ellison Might Surpass Elon Musk As The Richest Person on Earth

Larry Ellison has surpassed Musk as the world's richest person after Oracle stock is up more than 40% on AI-driven growth. Oracle Chairman Larry Ellison is having a good morning. Oracle's stock is up more than 42% on Wednesday, thanks to an earnings call on Tuesday that left investors

Oracle marches toward $1 trillion club; tech stocks cheer

Sept 11 (Reuters) - Oracle's (ORCL.N), opens new tab shares rose on Thursday, adding to a record run in the previous session and lifting stocks across the tech sector, as the company inches closer to the coveted trillion-dollar club on soaring gains from its AI cloud business. The enterprise

Oracle shares jump 20% on surge in future AI revenue

Oracle reported a massive jump in bookings of future artificial intelligence business for its cloud infrastructure unit on Tuesday, sending shares in the US database company up 20 per cent in after-hours trading. The company's remaining performance obligations -- business it has booked that will

Stunned analysts ratchet up targets on Oracle, Bank of America upgrades. Full Wall Street reaction

Analysts are stunned by Oracle's cloud growth projections given in the company's first-quarter report, with many cementing the stock as an artificial intelligence frontrunner alongside the market's biggest tech giants. Oracle on Tuesday missed Wall Street's consensus earnings and revenue estimates

Oracle surges on AI cloud growth as customers race to secure computing capacity

Sept 10 (Reuters) - Oracle (ORCL.N), opens new tab shares soared about 33% before the bell on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, underscoring its deeper push into the backbone of artificial intelligence systems. The surge in Oracle's cloud

Wall Street is funding Oracle's massive AI power play

For most of its life, Oracle has sold software and swagger. This week's earnings changed the register. On the call, the company pointed to a contract book swollen to the hundreds of billions and began talking in the language of capacity delivered and rooms energized. The product on offer now is

Oracle pops 20% on growth projections even as earnings miss estimates

Oracle CEO Safra Catz, center, speaks during a dinner at the White House in Washington on Sept. 4, 2025. President Donald Trump hosted technology and business leaders for dinner after they joined First Lady Melania Trump's meeting of the Artificial Intelligence Education Task Force at the White

Oracle's Late AI Bet Sends Shares Soaring, Ellison Tops Musk as World's Richest Man - Decrypt

Founder Larry Ellison's fortune swelled by nearly $100 billion, making him the world's richest person. Oracle Corp. stock rocketed as much as 40% in intraday trading -- a rally so dramatic, it appears to have set a record for any company valued north of $500 billion. The trigger? A bold AI

Oracle soars as AI-driven cloud infrastructure demand rockets towards $0.5 trillion a year

Oracle CEO Safra Catz worked her magic on Wall Street yesterday, as the company's share price soared on the back of upgraded $500 billion expectations for its cloud infrastructure business as the AI boom continues. The uptick, the biggest single day gain for the stock in over a quarter of a

Oracle expects half a trillion dollars in booked cloud orders, stock rises 27%

Sept 9 (Reuters) - Oracle (ORCL.N), opens new tab said on Tuesday it expects booked revenue at its Oracle Cloud Infrastructure business to exceed half a trillion dollars, boosted by growing demand for its relatively low-cost cloud infrastructure services and sending its shares up 27% after the

The AI Trade Picks Up Steam After Oracle's 'Truly Historic' Quarter

Wall Street analysts expressed shock on Oracle's earnings call Tuesday, with one calling the company's growth forecasts "truly historic." The artificial intelligence trade got a shot of adrenaline on Wednesday after results from database software and cloud provider Oracle suggested the AI spending

ET Explainer: How Oracle became the new Nvidia amid AI cloud surge - The Economic Times

Oracle's stock experienced a significant 36% surge following the announcement of multi-billion-dollar AI cloud deals, including a substantial $300 billion agreement with OpenAI. This surge, the largest since 1992, briefly elevated Larry Ellison to the world's richest person.On September 10, Oracle

Oracle 'Will Reshape Industries And Change The World': Gene Munster On What OpenAI Deal Means - Oracle (NYSE:ORCL)

Gene Munster says Oracle Corp's ORCL $300 billion deal with OpenAI highlights just how early the company -- and others -- are in the AI race, sending shares soaring last week despite a quarterly report that missed Street estimates. Oracle's Historic Contract A surge in Oracle's stock price

Oracle Q1 Earnings: Ellison Says AI Inferencing Fuels Company's Monster Pipeline

'People are running out of inferencing capacity,' Oracle CTO and co-founder Larry Ellison said. Oracle missed expectations for its latest quarterly performance but blew away analysts with $455 billion in remaining performance obligations and a forecast that it will exceed $500 billion in RPO over

Oracle Had a 'Brilliant' Quarter, CEO Says. Its Stock Is Popping on AI Demand

Kara Greenberg is a senior news editor for Investopedia, where she does work writing, editing, and assigning daily markets and investing news. Prior to joining Investopedia, Kara was a researcher and editor at The Wire. Earlier in her career, she worked in financial compliance and due diligence at

Prediction: This Artificial Intelligence (AI) Company Will Reshape Cloud Infrastructure by 2030 | The Motley Fool

The company's focus on cloud and AI has unlocked unprecedented growth. The advent of modern cloud computing is largely attributed to Amazon, which pioneered cloud infrastructure services with the introduction of Amazon Web Services (AWS) in 2002. The industry has evolved over time, but the basics

oracle: Oracle on cloud nine, AI bets paying off - The Economic Times

Oracle is making a significant push into the AI sector by leasing its cloud infrastructure, a move that briefly elevated Larry Ellison to the world's wealthiest individual. Unlike competitors, Oracle avoids the chatbot race, betting instead on providing essential resources to AI companies like

Why Oracle Is a No-Brainer Growth Play Now | The Motley Fool

Oracle's stock just surged 30% overnight as Wall Street realizes this isn't your father's database company anymore. Oracle (ORCL 35.96%) just delivered something extraordinary -- a quarterly earnings miss that sent its stock soaring 30% in after-hours trading. The company reported non-GAAP

Oracle hovers near $1 trillion valuation on AI-driven gains; shares down 2%

Oracle's shares dipped slightly on Thursday, following a record-breaking surge in the previous session driven by strong gains in the company's AI cloud business. Oracle's shares dipped slightly on Thursday, following a record-breaking surge in the previous session driven by strong gains in the

Oracle nears $1tn valuation, Ellison edges toward richest-person title

Image: Getty Images Oracle's shares rose on Thursday, extending a record run from the previous session and boosting stocks across the tech sector, as the company moves closer to the trillion-dollar club on soaring gains from its AI cloud business. The enterprise software maker's remarkable rise,

Oracle stock soars 40% as it projects half a trillion dollars in...

Oracle shares surged nearly 40% Wednesday - on track for its best day since 1999 - on jaw-dropping projections that the software giant will reap half a trillion dollars in the future from its AI business. In the first quarter, Oracle signed four multibillion-dollar contracts with three separate

Oracle Share Price Jumps 9.14% to ₹9,182 After Strong Q1 Results

Analysts point out that this momentum is part of a broader rally, with Oracle shares climbing over 70% in the past year. The surge is largely fueled by its aggressive expansion into artificial intelligence infrastructure. During the, CEO Safra Catz announced that Oracle expects its AI-driven cloud

Oracle's AI-Driven Growth Calls for an Overhaul of Traditional Valuation Metrics | Investing.com UK

The ground just shifted under Wall Street's feet, and the old valuation compasses are spinning wildly. Oracle (NYSE:ORCL), the grizzled veteran of Silicon Valley, suddenly erupted like a dormant volcano that everyone assumed had gone cold. In the space of a single earnings call, a company written

Is Oracle having its Nvidia moment? AI frenzy makes Larry Ellison the richest man alive -- but can it last, or is this 1999 all over again?

Oracle has just staged one of the most dramatic rallies Wall Street has seen in years, with its stock jumping more than 40% in a single day -- the biggest surge in the company's history. That record-breaking leap instantly added over $250 billion to its market value, making co-founder Larry Ellison

Oracle's $244 billion single-day rally as big as entire IT trinity of TCS, Infosys, HCL Tech - The Economic Times

Oracle's shares surged by 36%, adding $244 billion to its market cap after projecting substantial cloud infrastructure revenue growth, potentially reaching $144 billion by fiscal 2030. This rally briefly elevated Larry Ellison's wealth, nearing Elon Musk's.Gigantic enough to make co-founder Larry

Oracle's blockbuster surge shows AI trade's growing influence on market

(Reuters) -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 shares jumped 36% on Wednesday after the company pointed to a demand surge from AI firms for its cloud

Oracle goes from AI laggard to 'next big player,' market expert says

STORY: The company unveiled four multi-billion-dollar contracts on Tuesday amid an industry-wide shift, led by companies such as OpenAI and xAI, to aggressively spend to secure the massive computing capacity needed to stay ahead in the AI race. "The sheer magnitude of just how quickly they've been

oracle: Explained: What's behind the Oracle rally - The Economic Times

Oracle reported a massive increase in contract bookings for its cloud infrastructure, due to rising artificial intelligence (AI) workloads. The company's Remaining Performance Obligations (RPO), the most popular measure of booked revenue, jumped by 359% year-over-year to about $455 billion.Oracle's

Oracle surges on AI cloud growth as customers race to secure computing capacity

(Reuters) - Oracle shares soared about 35% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, underscoring its deeper push into the backbone of artificial intelligence systems. The surge in Oracle's cloud business reflects a broader shift in the

Oracle shares surge 35% on AI cloud growth as customers race to secure computing capacity

Oracle shares soared about 35% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, underscoring its deeper push into the backbone of artificial intelligence systems. Oracle shares soared about 35% on Wednesday after the company pointed to a demand surge

The $455bn jackpot - Oracle is changing the face of the cloud

This euphoria is not irrational. Behind this market movement lies an industrial and strategic transformation of rare magnitude, repositioning Oracle amongst the big names in the cloud, alongside giants such as AWS (Amazon), Azure (Microsoft), and Google Cloud (Alphabet). At the heart of this

Oracle stock stuns Wall Street: ORCL jumps 31% premarket on $500B AI cloud surge -- from cloud laggard to Wall Street's new AI darling, time to bet?

Oracle (ORCL) stunned Wall Street on Wednesday, with shares soaring 31% in premarket trading after the company projected $500 billion in future cloud revenue. The jump reflects unprecedented demand for AI-driven infrastructure, turning Oracle from a longtime cloud laggard into a leading AI

Oracle boosts cloud infrastructure revenue forecast, shares jump 23%

(Reuters) - Oracle said on Tuesday it expects revenue in its Oracle Cloud Infrastructure business to grow 77% this year, from earlier projections of 70%, boosted by growing cloud demand and sending its shares up 23% after the bell. The company forecasts OCI revenue to rise 77% to $18 billion this

oracle: Oracle expects half a trillion dollars in booked cloud orders, stock rises 27% - The Economic Times

The company's remaining performance obligations, or RPO, the most popular measure of booked revenue, jumped 359% to $455 billion in the first quarter, ended August 31. Over the next few months, we expect to sign-up several additional multi-billion-dollar customers and RPO is likely to exceed