US Edition
Oracle jumps for a second day, Bloom Energy soars 20% on AI data center power deal
Oracle expects to procure up to 2.8 gigawatts of Bloom systems as it expands power capacity for its fast-growing data center buildout.
- On Tuesday, Oracle Corporation stock jumped 5% as the company broadened its capacity partnership with Bloom Energy, planning to procure up to 2.8 gigawatts of fuel cell systems.
- Oracle has raised over $100 billion in debt to support its massive AI infrastructure buildout, with FY25 capital expenditures surging 209% to $21.2B.
- Oracle's $553 billion RPO figure suggests the company is morphing into a regulated-style utility for AI compute, with the Street latching onto this backlog as proof of contracted revenue visibility.
- Oracle stock has vaulted roughly 25% in two sessions, forcing bears to reconsider AI infrastructure demand after Monday's broad bounce lifted ServiceNow, Palantir, and Applovin.
- Analysts rate the stock a Strong Buy, projecting 75% upside if normalized EPS reaches $11 by May 2027, though risks include cyclicality and lumpy AI contracts.
15 Articles
15 Articles
Stock Market Today, April 14: Oracle Jumps on Expanded Bloom Energy Deal
Oracle (NYSE:ORCL), which provides enterprise software and cloud computing services, closed Tuesday at $163.00, up 4.74%. The stock moved higher following yesterday’s announcement of a major data center power deal with Bloom Energy (NYSE:BE).Trading volume reached 58.2 million shares, coming in about 107% above its three-month average of 28.1 million shares. Oracle IPO'd in 1986 and has grown 257,517% since going public.How the markets moved tod…
Times of India
The Economic TimesOracle shares gain 4%, extend rally after AI-driven power deal with Bloom Energy
Oracle shares extended gains after a major energy deal with Bloom Energy to secure 2.8 GW of fuel cell capacity for AI-driven data centres. The partnership highlights rising power demands from AI infrastructure and strengthens Oracles cloud expansion strategy.
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
