Oracle reported fiscal first-quarter revenue of $19.35 billion and adjusted earnings of $1.92 per share, exceeding expectations as Oracle Cloud Infrastructure revenue rose 121% to $7.4 billion. Total cloud revenue increased 62% to $11.61 billion, remaining performance obligations reached $664 billion, and Oracle added 850 megawatts of data-center capacity while delivering more than 300,000 GPUs. The company signed more than $30 billion in additional AI-related contracts with customers including OpenAI, xAI and Meta and expects fiscal 2027 revenue of at least $90 billion. Oracle said most new arrangements used customer prepayments or bring-your-own-hardware structures, limiting immediate incremental capital needs, while its New Mexico data center was delayed to February 2027. CFO Hilary Maxson identified HPE and Dell as suppliers of AI racks, cooling and networking equipment, sending HPE shares up more than 16% and Dell shares up 10.6%. Analysts remained broadly constructive but cited margin, financing and capacity-execution risks.