Overview

• Oracle shares jumped roughly 40% intraday, lifting its market value toward $940–$969 billion and marking one of its biggest single‑day gains since 1992.
• Larry Ellison’s net worth rose by about $100 billion on the rally, and Bloomberg’s index showed him surpassing Elon Musk with the largest one‑day wealth increase it has recorded.
• Oracle reported signing four multimillion‑dollar cloud and AI contracts and said key customers include OpenAI, xAI, Meta and Nvidia, with participation in the Stargate data‑center initiative with SoftBank and OpenAI.
• Remaining performance obligations surged to $455 billion, and management projected Oracle Cloud Infrastructure revenue to grow 77% this fiscal year to $18 billion with a multi‑year path cited to $144 billion.
• Analysts flagged risks from aggressive data‑center expansion, noting capex guidance raised to $35 billion and warning that GPU‑rental deals could carry single‑digit margins or even losses.