10 AI Stocks Taking Wall Street by Storm

4. Oracle Corporation (NYSE:ORCL)

Number of Hedge Fund Holders: 91

Oracle Corporation (NYSE:ORCL) is a database management and cloud service provider hosting immense data that AI applications need to process. On December 9, the company posted its fiscal 2025 second-quarter results with slight revenue and profit miss due to tough competition among database and cloud services providers. The company earned an adjusted $1.47 per share, with revenues rising 8.6% year-over-year to reach $14.1B. Meanwhile, analysts expected the company to earn an adjusted $1.48 per share on $14.12B in revenue. Cloud revenue, including infrastructure and applications, totaled $5.9 billion, slightly under the $6 billion estimate. Meanwhile, infrastructure revenue surged by 52% year-over-year, reaching $2.4 billion, and application revenue increased by 10% year-over-year to $3.5 billion.

“Record level AI demand drove Oracle Cloud Infrastructure revenue up 52% in Q2, a much higher growth rate than any of our hyperscale cloud infrastructure competitors. Growth in the AI segment of our Infrastructure business was extraordinary—GPU consumption was up 336% in the quarter—and we delivered the world’s largest and fastest AI SuperComputer scaling up to 65,000 NVIDIA H200 GPUs. With our remaining performance obligation up 50% to $97 billion, we believe our already impressive growth rates will continue to climb even higher. This fiscal year, total Oracle Cloud revenue should top $25 billion.”

-Safra Catz, CEO of Oracle.