Time now for our 360 round. We are diving into Oracle's earnings shares rallying to all-time highs today. Join joining us now is Dion Hinchcliffe, vice president practice lead at Futurum.All right, Dion, thank you so much for joining us today. All right, these shares soaring today. One of the biggest rallies we're seeing since the dot era for Oracle.And one of the things I heard before is that you never underestimate Larry Ellison. I know, you know, he's the founder and not the CEO currently. Um but look, t ...

Group 1 - Hut 8 Corp. (NASDAQ:HUT) experienced a share price increase of 14.99% on Tuesday, closing at $29.30, driven by positive sentiment towards high-performance computing (HPC) stocks [1][3] - The rally in Hut 8's stock was supported by a significant $18 billion cloud computing deal announced by Nebius Group with Microsoft Corp., which also positively impacted other companies in the sector such as TeraWulf Inc., Riot Platforms, IREN Ltd., and Cipher Mining [2][3] - Hut 8 is expanding its digital infrastructure capabilities with plans to construct four new sites across the US, which will increase its total power capacity to over 2.5 gigawatts across 19 sites upon full operation [3]

On the stock market today, Rubrik stock retreated 17% to near 82 in morning trading. Rubrik sells a cloud computing-based data backup and recovery platform aimed at protecting companies from ransomware attacks. About 85% of Rubrik's revenue comes from subscription software sales. Key Financial Metric BREAKING: Indexes Mixed As Oracle Skyrockets Rubrik (RBRK) stock collapsed on Wednesday after the company reported a narrower-than-expected second- quarter loss while revenue topped expectations. The company's ...

SUBSCRIBE | FastCo Works advertisement BY Sarah Fielding Listen to this ArticleMore info 0:00 / 0:00 Oracle Corp. started September by making headlines for layoffs. Then, on Tuesday, September 9, it reported first-quarter financial results that missed the mark for revenue and earnings. Yet, you wouldn't guess any of this based on how its stock has rallied. Fast Company Innovation Festival Ticket Giveaway—Enter now! LOGIN The software company's shares (NYSE:ORCL) rose over 32% through after-hours and into ...

Core Insights - Alphabet's Cloud division has $106 billion in commitments from existing contracts, with an expected revenue of $58 billion over the next two years as services are delivered [1] - Google Cloud's revenue grew 32% to $13.6 billion in Q2, achieving an annual revenue run rate of over $50 billion [1] - The CEO of Google Cloud predicts revenue will skyrocket to $144 billion by 2030, with infrastructure revenue expected to grow 77% to $18 billion this fiscal year [5] Company Performance - Google Cloud is currently in third place in the cloud services market, behind Amazon and Microsoft, but is seen as a strong growth driver for Alphabet as its main search business matures [1] - Oracle also reported strong cloud revenue growth, with a 359% increase in backlog to $455 billion in the first quarter [6] - Despite Oracle's earnings miss, its shares rose significantly, indicating strong market sentiment around cloud growth [4] Market Trends - The AI compute race and demand for cloud services are driving growth in the tech sector, with major companies like Google and Oracle leading the charge [7] - The S&P 500 has reached record highs, driven by the performance of mega-cap tech stocks, including Alphabet and Oracle [16] - There is cautious optimism in the market, with expectations of continued growth into the new year despite some volatility [20]

Core Insights - Oracle Corp. reported first-quarter earnings of $1.47 per share and revenue of $14.92 billion, slightly below market expectations, but positive commentary on future growth drove the stock price up significantly [1][5] Financial Performance - Quarterly earnings were $1.47 per share and revenue was $14.92 billion, both figures slightly under Street estimates [1] - The company's backlog of remaining performance obligations increased by 359% to $455 billion due to four multi-billion-dollar contracts signed in Q1 [3] Growth Outlook - Oracle's MultiCloud database revenue grew by an extraordinary 1,529% in the first quarter, driven by demand from Amazon, Google, and Microsoft [2] - CEO Safra Catz forecasted that Oracle Cloud Infrastructure revenue will grow 77% to $18 billion this fiscal year, with potential expansion to $144 billion in the coming years [4] - The company plans to deliver an additional 37 datacenters to its hyperscaler partners, totaling 71 [3] Market Positioning - Chairman Larry Ellison emphasized that AI inference represents a much larger market than AI training, positioning Oracle favorably to capitalize on this opportunity [4] - The company anticipates signing several additional multi-billion-dollar customers in the near future, with remaining performance obligations likely to exceed half a trillion dollars [4] Analyst Reactions - Following the earnings report, multiple analysts raised their price targets for Oracle stock, reflecting optimism about future growth driven by cloud and AI adoption [5][6] - Price targets were raised significantly by various analysts, with JMP Securities increasing it from $315 to $342, and Guggenheim raising it from $250 to $375 [6] Stock Performance - Oracle's stock surged by 38.49% to $334.47 following the earnings report and positive outlook [7]

Company Overview - Super Micro Computer, Inc. (SMCI) has a market cap of $25.5 billion and is a leading provider of high-performance, energy-efficient server and storage solutions built on modular and open-standard architectures [1] - The company designs and manufactures a wide range of systems, including AI-optimized servers, blade and multi-node platforms, storage solutions, and edge computing systems, serving industries such as cloud computing, artificial intelligence, 5G, and enterprise data centers [2] Stock Performance - Shares of Super Micro Computer have decreased over 34% from its 52-week high of $66.44, while over the past three months, its shares have risen 3.9%, underperforming the broader Dow Jones Industrials Average's 6.4% gain during the same period [3] - Over the past 52 weeks, shares have returned nearly 8%, lagging behind the Dow Jones Industrials Average's nearly 12% increase, but are up 46.2% on a year-to-date basis, outperforming the Dow's 7.2% gain [4] Financial Results - Following its Q4 2025 results on August 5, Super Micro Computer's shares tumbled 18.3%. The company reported adjusted EPS at $0.41 and revenue at $5.76 billion, missing Wall Street expectations [5] - The company cut its long-term outlook, projecting at least $33 billion in fiscal 2026 revenue, down from its earlier forecast [5] Competitive Position - Super Micro Computer's stock has performed weaker than its rival, Pure Storage, Inc. (PSTG), which has climbed nearly 33% year-to-date and 74.9% over the past 52 weeks [5] Analyst Sentiment - Analysts remain cautious about Super Micro Computer's prospects, with a consensus rating of "Hold" from 18 analysts in coverage. The mean price target of $47.62 represents a premium of 5.6% to current levels [6]

Core Insights - Oracle's shares increased by 30% in premarket trading following a positive cloud revenue outlook despite weaker-than-expected fiscal first-quarter results [1] - Remaining performance obligations rose 359% year-over-year to $455 billion, significantly exceeding estimates of $178 billion [1] - CEO Safra Catz indicated that Oracle anticipates securing "several additional multi-billion-dollar" cloud clients in the near future [1] Financial Performance - Oracle's cloud infrastructure division is projected to surpass $500 billion in booked revenue [2] - OCI revenue is expected to grow by 77% this year, reaching $18 billion, and is forecasted to hit $144 billion within four years [2] - For Q1, adjusted earnings were reported at $1.47 per share on revenue of $14.93 billion, slightly below expectations of $1.48 per share and $15.04 billion in revenue [2]

Market Overview - The stock market experienced significant volatility in Q2 2025, with the S&P 500 reaching an all-time high by the end of June despite a 7% drop from April 2 to April 7 due to the liberation day tariff announcement [1] - The market rebounded, gaining over 22% from the April 7 low through the end of June, with the Russell 1000 Growth returning 17.8% and the S&P 500 returning 10.9% in the quarter [1] - Large-cap stocks significantly outperformed small-cap stocks, and growth stocks outperformed value stocks during this period [1] Renaissance Large Cap Growth Strategy - The strategy outperformed the S&P 500 Index but underperformed the Russell 1000 Growth benchmark [1] - The investor letter highlighted Dynatrace, Inc. (NYSE:DT) as a new position added to the portfolio, focusing on its potential in the Information Technology sector [3] Dynatrace, Inc. (NYSE:DT) Insights - Dynatrace offers a security platform for multi-cloud environments, with a one-month return of 5.98% and a 52-week loss of 0.04% [2] - As of September 09, 2025, Dynatrace's stock closed at $50.65 per share, with a market capitalization of $15.271 billion [2] - The company is expected to benefit from the shift to cloud computing and growth in artificial intelligence, which increases the need for network observability solutions [3] - Dynatrace has been utilizing AI in observability for over a decade, positioning it well to benefit from the growth of agentic AI [3] Financial Performance - Dynatrace's total revenue for fiscal Q1 2026 was $477 million, representing a growth of 19% and surpassing the high end of guidance by approximately 200 basis points [4] - Despite the potential of Dynatrace as an investment, certain AI stocks are considered to offer greater upside potential and carry less downside risk [4]

having shocked Wall Street with a massive revenue forecast tied, this time, to demand for its cloud-computing infrastructure. ...