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BiyaPay Analyst: Oracle Surges $247 Billion Overnight, Igniting the Global AI Market
BlockBeats News, September 11th, a BiyaPay analyst pointed out that the U.S. stock market experienced a shocking feast last night. Tech giant Oracle (ORCL.US) released financial results far exceeding expectations and AI-related guidance. Not only did the stock price skyrocket by 36%, marking the largest single-day gain since 1992, but it also propelled its market capitalization to nearly a trillion dollars, entering the top ten in the U.S. stock market by market cap, surpassing traditional financial giants like JPMorgan Chase.
In this "AI Violent Aesthetics" outbreak, several key data points were eye-catching: Oracle's remaining performance obligations (RPO) soared to $455 billion, a 359% year-on-year increase; its forward P/E ratio exceeded 48 times, hitting a new high since 2001; CEO Ellison's wealth surged by $88.5 billion in a single day, briefly becoming the world's richest person. Wall Street institutions have raised their target prices, with Citigroup giving the highest expectation of $410.
This "explosive growth" in Oracle's financial report not only reversed the market's doubts about the sustainability of the AI frenzy but also led to a comprehensive rebound in AI concept stocks such as AMD, Nvidia, and Broadcom, declaring a new stage of AI infrastructure investment.
BiyaPay, as a globally multi-market access intelligent financial platform, is helping users quickly track U.S. and Hong Kong stock market quotes and easily trade popular tech stocks. Through BiyaPay, users can deposit USDT and directly participate in U.S. stock trading, including AI leading enterprises like Oracle (ORCL.US), Nvidia (NVDA.US), realizing a seamless connection between digital assets and the traditional stock market.
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