Oracle's pre-market gain has expanded to 33%, expected to increase its market value by $220 billion

Oracle's stock price rose by 33% in pre-market trading, potentially marking the largest single-day increase in over twenty years. If this increase is maintained after the official opening of the U.S. stock market, Oracle's total market capitalization will surge by more than $220 billion to around $900 billion, surpassing Eli Lilly, Walmart, and JP Morgan. Oracle previously announced that its unmet performance obligations had reached $455 billion, shocking the market with a year-on-year increase of 359%. Oracle's CEO Safra Catz stated in a statement that recent and upcoming bookings will drive rapid expansion in the cloud infrastructure business over the next few years. She noted that this division is expected to grow by 77% in the current fiscal year, reaching $18 billion, and will continue to maintain strong growth momentum, with annual revenue projected to reach $144 billion by the fiscal year ending in May 2030