New Delhi: Oracle Corp, the US tech giant that owns India-listed Oracle Financial Services, shocked the markets on September 10, 2025, with a massive rally in its share price. The stock spiked nearly 30% in pre-market trading and settled with a 27% jump later, its biggest single-day gain in over two decades. With this, Oracle added close to $190 billion to its market value in just one day.
Why the stock shot up?
The surge came after Oracle reported strong quarterly results and gave an extremely bold forecast for its cloud business. The company revealed that its new bookings jumped to $455 billion, four times higher than last year. This was mainly due to a string of mega-deals, including a 4.5 GW data centre capacity contract with OpenAI, and large-scale agreements with TikTok and Nvidia.
Oracle’s CEO Safra Catz said these contracts will soon start showing in the company’s revenue numbers, boosting confidence that Oracle is finally playing big in the cloud game.
Oracle is now aiming for its cloud revenue to grow by 77% this year, reaching $18 billion. But that’s just the start, the company expects this number to touch $144 billion by 2030, almost eight times more. If this target is met, Oracle will become a serious challenger to cloud leaders like Amazon, Microsoft, and Google.
Concerns still remain
However, not everything is smooth sailing. Oracle’s huge spending on data centres, expected to hit $35 billion this year, has raised concerns. Experts believe this may keep the company’s free cash flow negative for the second straight year. The big question is: can Oracle balance this massive spending with real profits in the long run?
Why this matter?
This stock rally is more than just a number. It shows how fast the global tech race is shifting towards cloud infrastructure. For years, Oracle was seen as a database software company, but now it’s proving that it can win billion-dollar deals and stand shoulder-to-shoulder with the biggest names in tech.
