Oracle Just Became One Of The Hottest Prospects On The Market

Oracle Corporation's stock surged 36% after management revealed massive new contracts and a backlog jump, despite missing revenue and EPS estimates. Cloud operations, especially Oracle Cloud Infrastructure, are driving growth, with management forecasting significant revenue expansion through 2030. Backlog exploded to $455 billion, fueled by major deals with OpenAI, xAI, Meta, Nvidia, and AMD, signaling robust future demand.