Oracle Corporation's shares surged by more than 14%, reaching an all-time high on Thursday after the Texas-based tech company announced a stronger-than-expected earnings report last night, with its revenue in the fourth quarter of its fiscal 2025 reaching $15.9 billion amid strong demand for Oracle's AI-related cloud services. The company also stated that it expects the revenue growth from its MultiCloud data centers to continue in 2026. CEO Safra Catz also said on a conference call with analysts that the cloud infrastructure revenue is expected to increase more than 70% in fiscal 2026, according to CNBC.

Oracle's stock soared by 14.10% at 10:31 am ET to sell for $201.25 apiece.