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Stock of the day
Oracle Corporation
Oracle recorded its biggest one‑day gain in three decades after OpenAI agreed to a $300 billion cloud contract, lifting its position among leading hyperscalers.
(AI video summary)
This video was created on 11 September 2025 for IG audiences by ausbiz.
NYSE code: ORCL
Oracle surges on $300 billion OpenAI deal
Oracle shares jumped 36%, their biggest one‑day rise in more than 30 years, after unveiling new cloud contracts tied to artificial intelligence (AI) demand. The rally also pushed co‑founder Larry Ellison past Elon Musk as the world’s richest person.
OpenAI signs $300 billion cloud contract
Oracle secured one of the largest cloud deals on record, with OpenAI agreeing to buy $300 billion of computing capacity over five years.
The agreement adds to partnerships with Amazon, Alphabet and Microsoft, which allow customers to run Oracle Cloud Infrastructure (OCI) alongside other hyperscale services. Revenue from these arrangements rose more than 16‑fold in the first quarter (Q1), while Oracle reported more than $500 billion in signed long‑term contracts.
Nvidia tie‑up adds to growth
Analysts noted that the share price surge reflects genuine revenue and profit momentum, rather than speculation, and marks Oracle’s shift into the ranks of hyperscalers benefiting from rapid data centre expansion.
The company is also strengthening its position through reselling Nvidia chips, which could improve margins compared with legacy software operations.
Investment outlook
While analysts see room for a short‑term pullback following the sharp rally, they highlighted long‑term benefits from first‑mover advantage, major contract wins and exposure to AI growth.
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