Oracle Shares Surge to Record High on $30 Billion Cloud Contract Announcement

Oracle (ORCL) stock climbed 4% to an all-time high after a regulatory filing revealed a massive $30 billion annual cloud agreement, set to begin generating revenue in fiscal year 2028. The deal marks a major milestone for the tech giant as it capitalizes on booming demand for AI and cloud infrastructure.

CEO Safra Catz’s Statement:
“We’ve signed multiple large cloud agreements, including one that will contribute over $30B annually starting in FY28.”

Key Details of the Blockbuster Cloud Deal

✔ $30B Annual Revenue Starting FY2028 – The contract will significantly boost Oracle’s cloud business, which reported $10.3B in revenue last fiscal year.
✔ CEO Safra Catz to Announce at Company Meeting – She will highlight Oracle’s strong FY26 start, including 100%+ growth in MultiCloud database revenue.
✔ No Immediate Impact on 2026 Guidance – The long-term nature of the deal means financial effects won’t be felt until later.

Stock Performance:
📈 +33% YTD – One of the best-performing tech stocks in 2025
📈 Best weekly gain since 2001 after recent earnings beat

Why Oracle Is Winning the AI Infrastructure Race

The company has emerged as a key player in AI-driven cloud computing, securing major partnerships:

• Stargate Project – A joint venture with OpenAI & SoftBank to build next-gen AI data centers
• UAE Expansion – New AI infrastructure investments in the Middle East
• IBM Collaboration – Recently announced partnership to enhance enterprise AI solutions

What This Means for Investors

✅ Massive Revenue Growth Ahead – The deal nearly triples Oracle’s current cloud business scale.
✅ AI & Cloud Demand Still Rising – Oracle is positioning itself as a critical infrastructure provider.
✅ Stock at Record Highs – But long-term upside remains if execution continues.