OFSS Shares Soar 18% on Oracle's Cloud Growth Outlook

Shares of Oracle Financial Services Software (OFSS) have surged sharply in response to the strong cloud business performance and ambitious growth targets announced by its parent company, Oracle Corp. Oracle forecasted its Oracle Cloud Infrastructure (OCI) booked revenue to exceed $500 billion, with remaining performance obligations (RPO) rising over 350%, driven by multi-billion-dollar deals with major clients such as Amazon, Alphabet, Microsoft, OpenAI, TikTok, and Nvidia. CEO Safra Catz highlighted robust demand and the integration of advanced AI models like ChatGPT and Gemini into Oracle Cloud, facilitating significant cloud revenue growth projected at 77% this fiscal year and $144 billion over the next four years. Oracle shares experienced their biggest single-day gain since 1999, surging over 27% in post-market trading, which fueled a ripple effect boosting OFSS shares by up to 18.3% over two days. Despite recent layoffs in Oracle's Indian offices, investor sentiment remains bullish, with OFSS poised to benefit from Oracle's expanding cloud footprint and multi-cloud partnerships. These developments have positioned Oracle and its subsidiary among the top-performing tech stocks in 2025, reflecting strong optimism about future cloud and AI-driven growth.