This week, Oracle's shares have shown impressive growth, increasing by 24%. This marks the company's strongest gain since April 2001, attracting investors' attention.
Investor Reaction to Quarterly Results
Following the release of quarterly results that beat analysts' expectations, Oracle's shares rose significantly. Specifically, in the two days post-reporting, the company’s stock surged by almost 24%. The closing price of $215.22 on June 13, 2025, marked a new record high. This growth represents a sharp turnaround compared to the previous quarter when the company's shares fell nearly 50%.
Oracle's Cloud Business Expansion
Oracle is rapidly increasing its share in the cloud market and is now attracting customers interested in utilizing AI technologies. CEO Safra Catz projects that fiscal-year sales will exceed $67 billion, surpassing the market consensus of $65.18 billion.
Company's Future Plans
The company is increasing capital expenditures for cloud infrastructure development, planning to spend $25 billion in fiscal year 2026. Among Oracle's clients are now major players such as Meta and OpenAI, highlighting the significance of cloud business for the company. Chairman Larry Ellison noted that the demand for their services outstrips supply.
Oracle is on its way to strengthening its position in the cloud technology market. With growing demand and increased investments, the company is moving forward, leaving competitors behind.
