"( OracleNYSE:ORCL) ignited the stock market after dropping its fiscal first-quarter 2026 earnings and sent its own stock soaring 40% higher in morning trading. Although the tech giant delivered mixed results - beating analyst top-line estimates, but falling short on the bottom - investors zeroed in on Oracle's blockbuster outlook."
"Remaining performance obligations (RPO) - the metric ORCL uses to project future revenue - skyrocketed 359% to $455 billion, signaling a flood of future contracts. Oracle now projects its cloud infrastructure revenue will reach $18 billion for fiscal 2026 - a 77% jump from 2025's $10.3 billion - and expects it to grow to $144 billion by 2030. CEO Safra Catz highlighted four multi-billion-dollar deals with three major hyperscale customers, underscoring surging AI-driven demand for Oracle Cloud Infrastructure."
"ORCL's plans for gigawatt-scale expansions - backed by deals with AI giants like OpenAI - underscore the sector's power crunch, where AI workloads could consume as much electricity as small countries. Vistra's 41 gigawatts of capacity, including carbon-free nuclear assets, make it a prime beneficiary, especially as tech firms scramble for reliable, green energy sources to avoid grid bottlenecks."
Oracle reported fiscal Q1 2026 results that beat top-line estimates but missed on earnings, and its stock jumped about 40% in morning trading. Remaining performance obligations rose 359% to $455 billion, indicating a large pipeline of contract revenue. Oracle projected cloud infrastructure revenue of $18 billion for fiscal 2026, up 77% year-over-year, and forecast growth to $144 billion by 2030. CEO Safra Catz cited four multi-billion-dollar deals with three hyperscale customers tied to AI demand. The guidance is boosting AI-sector sentiment and benefiting infrastructure and power providers such as Vistra.
Read at 24/7 Wall St.
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