10 Sep 2025

🔥 Oracle reported a massive jump in bookings of future artificial intelligence business for its cloud infrastructure unit on Tuesday

This is sending shares in the US database company up 25 per cent to a record high in after-hours trading. The company’s remaining performance obligations business, it has booked that will feed through into future revenue leapt to $455bn, up from only $138bn three months ago. Safra Catz, chief executive, called it an “astonishing quarter” that had included Oracle signing “four multibillion-dollar contracts with three different customers” in the latest three months. Wall Street had been primed for a leap in bookings following the disclosure of a new $30bn-a-year contract the company signed in July, but had not expected the overall backlog to grow as fast. $ORCL Oracle Q1 FY26 (August quarter). • RPO +359% Y/Y to $455B. • Cloud revenue +28% Y/Y to $7.2B. • Revenue +12% Y/Y to $14.9B ($0.1B miss). • Non-GAAP EPS $1.47 ($0.01 miss). Source: FT, CNBC

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