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Oracle Shares Rise on Strong Cloud Infrastructure Demand

By Tech Desk · 2026-09-10 · Updated 2026-09-11 01:30 UTC
A vast, dimly lit server room with rows of blinking indicator lights
Illustration: Tradingbird

Oracle shares are climbing as the company reveals a 121% jump in cloud infrastructure revenue and a massive $664 billion backlog driven by AI demand. This growth is being fueled by significant capital expenditure and a $20 billion equity raise, which has pushed free cash flow into negative territory.

  • According to GN technics/cloud (en-US), Oracle reported a 121% surge in cloud infrastructure revenue to $7.4 billion, while its remaining performance obligations swelled to $664 billion. The company noted that free cash flow turned negative by $5 billion due to heavy capital spending on data centers, despite record operating cash flow of $23 billion.

    Source: GN technics/cloud (en-US)

  • Oracle stock climbed as executives highlighted a major new cloud contract, signaling sustained demand for AI infrastructure despite broader market volatility.

    Source: GN technics/cloud (en-US)
Based on reporting by GN technics/cloud (en-US) and GN technics/cloud (en-US), compiled by the Tradingbird desk.

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