Buyable Gap Up - ORCL | Stock market timing reports

Oracle (ORCL) gapped significantly higher because the company announced an explosive surge in its cloud business backlog driven by surging demand for AI infrastructure, despite missing short-term earnings expectations. The company reported that its remaining performance obligations (contracted but not-yet-recognized revenue) soared by 359% year-over-year to $455 billion, far exceeding Wall Street expectations and signaling exceptional growth potential. Additionally, several multibillion-dollar contracts—including a major deal with OpenAI—highlighted Oracle’s rapidly evolving position as a key AI infrastructure provider.fool+5

It should be considered as the eighth "Magnificent 7" stock as its market cap is likely to cross $1 T: Nvidia (NVDA, ~$4.3T), Microsoft (MSFT, ~$3.7T), Apple (AAPL, ~$3.4T), Alphabet (GOOGL, ~$2.9T), Amazon (AMZN, ~$2.5T), Meta Platforms (META, ~$1.9T), Tesla (TSLA, ~$1.1T), Oracle (ORCL, ~$0.9T) stock.

Key Factors Behind the Surge

Massive Cloud and AI Growth: Oracle raised its cloud growth forecast, projecting a 77% revenue increase for its Cloud Infrastructure division in the current fiscal year, and outlined a path to $144 billion in AI-fueled cloud revenue by 2030.finance.yahoo+1
Huge Contract Wins: Four new multibillion-dollar customer contracts (including OpenAI) and a record $455 billion backlog demonstrate runaway demand for Oracle’s AI-capable cloud infrastructure.finance.yahoo+3
Future-Proofing the Business: Oracle is viewed as transforming from a legacy software company into a backbone of the AI revolution—a shift that has caught the attention of growth-focused investors and Wall Street analysts, who have rapidly raised price targets.investopedia+2
Market Euphoria and Surprise: The sheer scale of the new backlog and guidance shocked analysts, leading to Oracle’s biggest single-day gain since 1992, propelling the stock up over 30% and adding nearly $250 billion to its market capitalization.cnbc+2

In summary, Oracle gapped higher due to a massive AI/cloud-driven business transformation, stunning growth in contracted future revenue, and blockbuster contracts positioning it as a key player in the global AI infrastructure boom.cnbc+4