The enterprise database and artificial intelligence (AI) specialist made a blockbuster announcement.

Shares of Oracle ( ORCL 35.81% ) charged sharply higher on Wednesday, soaring as much as 41.3% in early trading. As of 10:42 a.m. ET, the stock was still up 39.1%.

The catalyst that sent the enterprise database, cloud, and artificial intelligence (AI) specialist higher was robust quarterly results and an eye-popping forecast.

The start of something big

Oracle reported the results for its fiscal 2026 first quarter (ended Aug. 31), and investors cheered. Revenue of $14.9 billion grew 12% year over year, resulting in adjusted earnings per share (EPS) of $1.47, up 6%. Both metrics accelerated compared to Q4. Driving the results was strong demand for cloud infrastructure services

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