Oracle shares rise about 5% as investors reassess OpenAI revenue outlook and cloud deal exposure
AI Market Summary
Oracle rebounded as concerns eased over OpenAI's ability to fund a $300B cloud commitment after conflicting reports on OpenAI annualized revenue. Oracle's quarter showed accelerating growth (revenue +30% YoY; cloud infrastructure +121%) and a large RPO backlog, supporting demand visibility. Offsetting this, heavy capex and negative free cash flow highlight leverage and execution risk, keeping sentiment balanced.
Impact level
● Medium
Affected assets
NCSKORCL2USD/USDT+3.47%
AI Insight · NCSKORCL2USD/USDTAI Insight
● Neutral
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Oracle shares rose about 5% on Friday, recouping losses from the prior session as investors revisited concerns tied to OpenAI. The selloff followed a report that put OpenAI’s annualized revenue at roughly $50 billion, below earlier estimates of nearly $70 billion, raising questions about its ability to support a $300 billion cloud agreement with Oracle. Oracle’s latest quarterly results also helped sentiment, with revenue up 30% year over year to $19.3 billion.
