Overview

• Oracle shares jumped as much as about 41% intraday, adding roughly $281 billion in market value and pushing its capitalization toward $950–969 billion.
• CEO Safra Catz said Oracle signed four multimillion‑dollar contracts and reported remaining performance obligations of $455 billion, a 359% surge from the prior period.
• Bloomberg and Forbes wealth trackers showed Larry Ellison’s fortune around $393–397 billion during the rally, topping Elon Musk’s roughly $384–385 billion, with standings subject to closing prices.
• Oracle highlighted major AI customers including OpenAI, xAI, Meta and Nvidia, with reporting also tying the company to the large‑scale Stargate data‑center initiative.
• Analysts praised demand signals but flagged execution risks such as capital spending raised to $35 billion, tight GPU and capacity supply, and potential margin pressure on compute rentals.