Oracle Stock Explodes 40% After CEO Says Company Expects Over Half A Trillion Dollars In Booked Cloud Orders

2025-09-10 04:06:53

(MENAFN- AsiaNet News)

Oracle Corp. (ORCL) shares skyrocketed by nearly 40% in Wednesday's opening trade after CEO Safra Catz said she expects booked cloud orders to exceed half a trillion dollars.

Catz said on Tuesday that the company had signed four multi-billion-dollar contracts in the first quarter. The company reported a 359% increase in its RPOs to $455 billion. Remaining performance obligation, or RPO, is a key metric of future revenue potential.

Get updates to this story developing <directly on Stocktwits<.

For updates and corrections, email newsroom[at]stocktwits[dot]com.

MENAFN10092025007385015968ID1110045541

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.