Oracle(US:ORCL) 智通财经网·2025-06-13 23:12Core Viewpoint - Oracle's stock surged nearly 24% this week, marking its best weekly performance since the 2001 internet bubble, driven by strong earnings and optimistic future expectations for its cloud computing business [1] Financial Performance - Oracle's quarterly earnings report exceeded market expectations for both revenue and earnings per share, with CEO Safra Catz projecting total revenue for the new fiscal year to exceed $67 billion, significantly higher than the market average expectation of $65.18 billion [1] Market Position and Demand - The company is experiencing a demand that far exceeds its supply capabilities, as noted by Argus Research analyst Joseph Bonner, who recommended buying Oracle stock and raised the target price from $200 to $235 [1][2] - Oracle has rapidly attracted a significant number of enterprises with high AI computing demands, including Meta, OpenAI, and Musk's xAI, which are heavily reliant on NVIDIA GPUs for training generative AI models [2] Infrastructure Investment - To catch up with industry giants like Amazon AWS, Google Cloud, and Microsoft Azure, Oracle is accelerating its infrastructure investments, with capital expenditures exceeding $21 billion for fiscal year 2025, surpassing the total investment from 2019 to 2024 [2] - The company expects capital expenditures to increase to $25 billion in fiscal year 2026, while competitors like Google and Microsoft are targeting $75 billion and $80 billion, respectively, for their capital expenditures this year [2] Stock Performance - Year-to-date, Oracle's stock has risen 29%, significantly outperforming the Nasdaq index, which has seen less than a 1% increase during the same period [3]