Markets
Whitney Houston
Whitney Houston in the early ’90s, just belting it (Franco Origlia/Getty Images)

Oracle just had its best day in the stock market since 1992

Oracle shareholders are singing “I Will Always Love You” to the stock.

Nate Becker

The last time Oracle had a day in the stock market better than this, Whitney Houston’s “I Will Always Love You” was early in its 14-week run atop the Billboard Hot 100 chart.

It was nearly Christmas in 1992 when shares ran up 44%. Today, Oracle shareholders got a nice gift, too — the stock rose 36% after the company posted mind-boggling backlog numbers that more than tripled from the previous quarter and said it expected to 14x its “Cloud Infrastructure” revenue by fiscal 2030. The news also created a halo effect, sending investors scrambling to buy a wide swath of AI-adjacent companies. 

That marked Oracle’s third-best trading day ever, which is saying something for a company that has been publicly traded since 1986. It added $243 billion in market cap, more than an entire Goldman Sachs’ worth of market value, in one day. (Goldman’s market cap is $231 billion.) Even before today’s move, Oracle had been on a tear, with the stock up 45% year to date. 

markets
Matt Phillips

Citi initiates coverage of Planet Labs with “buy” rating

Planet Labs was up after aerospace and defense analysts at Citi initiated coverage with a “buy/high risk” rating and $19 price target.

The stock is up more than 40% this week, after a strong earnings result that spotlighted the company’s growing opportunity in linking its core business of capturing daily images of the planet with AI technologies.

Citi analysts noted the potential for a positive flywheel effect for Planet Labs as it deepens its focus on integrating AI into its offerings:

“AI is accelerating the conversion of pixels to decisions, where Planet’s daily scan and deep archive offer a uniquely large training corpus and broad-area foundation for automation. AI-enabled solutions (MDA/GMS/AMS) are gaining traction with customers such as NATO and the U.S. DoW, validating the approach of integrating AI into broad-area monitoring products... These AI moves create a compounding advantage: more coverage generates more training data, which improves models, which in turn increases product utility and addressable demand.”

The stock has also caught the attention of some of the retail trading crowd, with call options activity spiking on Thursday as traders rode the market reaction to the results.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, or Robinhood Money, LLC.
©2025 Sherwood Media, LLC