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.
You may also like

Make Probability an Asset: A Forward-Looking Perspective on Predictive Market Agents

Consumer application issues

Arthur Hayes: The flames of war in the Middle East rise, Bitcoin is bullish

Legendary investor Naval: In the AI era, traditional software engineers have no value?

More absurd than knowing about the war in advance is knowing in advance about the assassination of Soleimani

Key Market Insights on March 2nd, how much did you miss?

How to systematically track high-performing addresses on Polymarket?

From Stanford Lab to Silicon Valley Streets: How OpenMind is Solving the "Last Mile" Problem of the Machine Economy?

PlanX: Reconstructing On-Chain Execution with AI, Moving Towards a New Paradigm

US Judge Allows Binance Unregistered Token Lawsuit to Advance
Key Takeaways: A federal judge in Manhattan dismissed Binance’s petition to resolve a securities lawsuit through private arbitration,…

Crypto VC Paradigm Plans $1.5 Billion Expansion into AI and Robotics
Key Takeaways: Paradigm is setting up a new $1.5 billion fund to explore AI, robotics, and other emerging…

Ethereum Smart Accounts Set to Launch Within a Year, According to Vitalik Buterin
Key Takeaways: Ethereum’s “account abstraction” or smart accounts might be introduced in the coming year through the Hegota…

Bitcoin Recovers After Iran Conflict Shocks Market, Reverses $5K Fall in Just 24 Hours
Key Takeaways: Bitcoin dropped to approximately $63,000 amid tensions but rebounded to $68,200 within a day. Volatility led…

Former Mt. Gox CEO Suggests Hardfork to Retrieve $5.2 Billion in Bitcoin
Key Takeaways: Mark Karpelès, former CEO of Mt. Gox, proposes a Bitcoin network hard fork to access nearly…

South Korea National Tax Service’s Mistake Resulted in $4.8 Million Crypto Loss
Key Takeaways South Korea’s National Tax Service inadvertently exposed private keys, resulting in a $4.8 million crypto loss.…

Morgan Stanley Seeks National Trust Charter for Cryptocurrency Custody
Key Takeaways: Morgan Stanley has initiated a significant step toward digital asset management by applying for a national…

Solana Price Outlook: Major ETF Inflows Hint at Institutional Moves
Key Takeaways: Solana has experienced substantial ETF inflows, prompting speculation about institutional buy-in. On February 25, Solana recorded…

Bitcoin Price Prediction: Wikipedia Founder Warns BTC Could Plunge Below $10K — Should Investors Worry?
Key Takeaways Wikipedia co-founder Jimmy Wales warns Bitcoin might decline to below $10,000, prompting a bearish outlook. Wales…