Oracle Nearly Erases 7% Jump Despite $664 Billion AI Backlog - Yahoo Finance
Oracle shares saw a volatile trading session, initially jumping 7% on a massive $664 billion AI-driven revenue backlog before retreating to a 0.6% gain. Investors remain cautious about the company's ability to convert long-term contracts into immediate free cash flow given high infrastructure spending.
Why it matters
The market's reaction highlights the tension between massive AI-related capital expenditure and the actual profitability of cloud infrastructure providers.
Oracle Nearly Erases 7% Jump Despite $664 Billion AI Backlog Khac Phu Nguyen Fri, September 11, 2026 at 2:13 PM EDT 1 min read ORCL -1.74% Trade Oracle on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
This article first appeared on GuruFocus .
A $664 billion contracted-revenue backlog lifted Oracle ( NYSE:ORCL ), the database-software and cloud-infrastructure company, roughly 7% before Friday's opening bell. That excitement did not last. After reaching $165.80, the stock fell back to $153.74, trimming its gain to approximately 0.6%.
Warning! GuruFocus has detected 6 Warning Signs with ORCL.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in