ChainThink report: On March 11, Oracle (ORCL.N) shares surged 7.8% after hours following stronger-than-expected earnings and an optimistic outlook for long-term revenue growth, driven by its aggressive bet on AI-powered data centers. Reported figures show Oracle’s Q3 fiscal year 2026 revenue increased by 22% year-over-year to $17.2 billion, surpassing the market consensus of $16.9 billion.

Additionally, the company raised its fiscal year 2027 revenue guidance to $90 billion, exceeding current market expectations. Currently, Oracle is mounting a robust offensive to compete with larger rivals such as Amazon and Microsoft, offering computational resources tailored for AI-driven enterprises.

Analysts at Wedbush noted that Oracle’s Q3 performance and forward-looking guidance are likely to provide investors with a "relief" effect. The company’s outlook for FY2026 and FY2027 signals that Oracle has begun monetizing its artificial intelligence initiatives. Oracle also disclosed that it has already secured $30 billion out of its targeted $50 billion investment funding for data center deployments. Analysts suggest this progress alleviates investor concerns regarding Oracle’s ability to finance its data center expansion.