Figure. Photo by BeInCrypto Crypto mining stocks are seeing major bullish forecasts as AI cloud infrastructure giant Oracle crushed its earnings to start fiscal 2026. Overall revenue increased by 12% year-over-year, while cloud revenue jumped by 28% year-over-year. But that wasn’t the real story. MultiCloud database revenue from the tech giants grew by 1,529% year-over-year in the first quarter. Oracle CEO Larry Eliason anticipates this number growing “substantially every quarter for several years.” Why ...

We recently published AI Frenzy: 10 Stocks Crushing the Market, 6 Climb to Fresh Highs. Oracle Corp. (NYSE:ORCL) is one of the top performers on Wednesday. Shares of Oracle Corp. propelled to a new all-time high on Wednesday, as investors took heart from the company’s $144 billion AI revenue target over the next four years. “We expect Oracle Cloud Infrastructure revenue to grow 77 percent to $18 billion this fiscal year—and then increase to $32 billion, $73 billion, $114 billion, and $144 billion over th ...

Oracle Corp. ORCL shares are trending on Thursday.Check out the current price of ORCL stock here.The Texas-based company surged 35.95% in the regular trading session on Wednesday and gained an additional 1.42% in after-hours trading, reaching $333, following the release of exceptional first-quarter fiscal 2026 results that revealed record-breaking AI infrastructure demand.Record-Breaking RPO Growth Drives Stock RallyThe enterprise software giant reported Remaining Performance Obligations (RPO) totaling $455 ...

Oracle Corp. ORCL rocketed higher on Wednesday after the company released its first-quarter earnings report Tuesday afternoon. ORCL stock is racing higher. See the real-time price action here. Oracle reported quarterly earnings of $1.47 per share and revenue of $14.92 billion, with both figures slightly under Street estimates. However, commentary on future revenue from chairman Larry Ellison and CEO Safra Catz sent the stock surging.Here's Why Shares Soared: What fueled the stock surge was Oracle's aggressi ...

Oracle Corporation ORCL reported weaker-than-expected first-quarter results on Tuesday.Oracle reported quarterly earnings of $1.47 per share, which missed the analyst consensus estimate of $1.48. Quarterly revenue came in at $14.92 billion, which missed the Street estimate of $15.03 billion and is up from revenue of $13.3 billion from the same period last year. CEO Catz teased significant revenue growth in the quarters ahead."MultiCloud database revenue from Amazon, Google and Microsoft grew at the incredib ...

Oracle Corporation ORCL reported weaker-than-expected first-quarter results on Tuesday.Oracle reported quarterly earnings of $1.47 per share, which missed the analyst consensus estimate of $1.48. Quarterly revenue came in at $14.92 billion, which missed the Street estimate of $15.03 billion and is up from revenue of $13.3 billion from the same period last year. CEO Catz teased significant revenue growth in the quarters ahead."MultiCloud database revenue from Amazon, Google and Microsoft grew at the incredib ...

Group 1 - Oracle's stock experienced significant gains, rising 4.6% during trading, with an earlier peak of 8.6%, amid a positive market environment [1] - The company's valuation increased following new guidance from management and positive analyst coverage, leading to a new all-time high in share price [1][3] - CEO Safra Catz reported strong performance in the 2026 fiscal year, with MultiCloud database revenue growing at over 100% and a new deal expected to generate over $30 billion in sales starting in the 2028 fiscal year [4] Group 2 - Stifel upgraded Oracle's stock rating from hold to buy, raising the one-year price target from $180 to $250, citing increased capital expenditures and performance obligations as indicators of success in cloud services [5] - Barclays also provided positive coverage, maintaining an overweight rating and a one-year price target of $221, suggesting that recent growth and contract news would alleviate investor concerns about meeting growth targets [6] - The strong rally in Oracle's stock indicates a new valuation high, with potential for long-term gains driven by cloud advancements [7]

Core Insights - Oracle shares increased by over 5% following a filing that disclosed a cloud deal expected to generate more than $30 billion in annual revenue starting in the fiscal year 2028 [1][2] - CEO Safra Catz is anticipated to announce the details of this significant deal during a company meeting [1] - The company reported strong growth in its MultiCloud database revenue, which is currently growing at over 100% [2] Financial Impact - The new cloud services agreements, including the major deal, will not impact Oracle's guidance for the fiscal year 2026 [2] - Revenues from the new deal are projected to begin contributing in the fiscal year 2028 [1][2]

Core Insights - Oracle's fiscal 2025 fourth-quarter financial report shows strong performance, with revenue and earnings exceeding expectations [2][5][6] Financial Performance - Revenue for Q4 FY25 reached $15.9 billion, an 11% increase from $14.3 billion in Q4 FY24, beating analyst expectations [2][5] - Adjusted earnings per share rose to $1.70, a 4% increase from $1.63 in the previous year, also surpassing expectations [2][5] - Cloud infrastructure revenue surged by 52% year over year to $3.0 billion, indicating robust growth in this segment [2][3] - Cloud application revenue increased by 12% to $3.7 billion, contributing to overall cloud revenue growth [2][3] Cloud Business Growth - Oracle anticipates cloud infrastructure revenue to grow by over 70% in fiscal 2026, driven by data center investments [3] - Total cloud revenue growth is projected to reach 40% in fiscal 2026, up from 24% in fiscal 2025 [3] - MultiCloud database revenue from third-party providers more than doubled in Q4 FY25 compared to Q3 FY25 [4] - Oracle Cloud@Customer revenue grew by 104% year over year, reflecting strong demand for on-premises cloud solutions [4] Market Reaction - Following the earnings report, Oracle's share prices rose approximately 7% in after-hours trading, reflecting positive market sentiment [6] - The stock had already increased about 6% year-to-date prior to the report [6] Future Outlook - Growth in Oracle's cloud infrastructure is significantly influenced by investments in artificial intelligence (AI) infrastructure [7] - The demand for computing capacity from AI companies is driving accelerated growth in Oracle's public cloud business [7] - Continued expansion of data centers is expected as long as the AI boom persists, positioning Oracle for sustained success in the cloud market [7]