Huge pop after reporting some crazy cloud numbers. Reporting a whopping %359 increase in performance obligations from last year, worth a total of $455 billion.
https://www.cnbc.com/2025/09/10/oracle-stoc...
That sound to me like a major player is lift-and-shifting their operation into Oracle cloud. Wonder who it is (TikTok?)
akaChuck
5 months ago
Could just be OpenAI and/or Anthropic recognizing they cannot keep expanding in their existing providers. Both are struggling with reliability right now - with Anthropic regularly going unavailable and OpenAI lowering model quality during peak hours to shed load.