Oracle’s top business unit missed analysts' projections, as did the company's hardware. The rally came after the company unveiled cloud demand and revenue projections that far exceeded Wall Street's expectations. Oracle projected $18 billion in cloud infrastructure revenue for fiscal 2026 and said it expects the annual total to climb to $32 billion, $73 billion, $114 billion and $144 billion over the following four years. Analysts described the forecast as "absolutely staggering" and "a momentous confirmation" of investor confidence in artificial intelligence-driven cloud infrastructure demand. With a 1.16 billion-share stake in the company, Ellison's net worth swelled by about $87.8 billion in a matter of hours.