Fast Money Blog- 3/13/26

We saw another topsy-turvy week on Wall Street, as investors continue to grapple with the fallout of the war in Iran and the effects it will have on the U.S. economy.

Oracle Earnings

In other news, the big story in the stock market this week was the stellar Q3 2027 earnings release from Oracle Corporation (ORCL).

Here’s what you need to know

Oracle’s overall quarterly revenue increased 22% year-over- year, for a total of $17.19 billion.

The company reported $8.9 billion in total cloud revenue, including infrastructure and software as a service, an increase of 44% year-over-year. 

Oracle said it generated $4.9 billion in cloud infrastructure revenue, up 84%, a faster pace than the 68% growth in the prior quarter.

Looking ahead, management pushed up the company’s fiscal 2027 revenue forecast by $1 billion to $90 billion.

Remaining performance obligations (contracted revenue that hasn’t yet been recognized) ended Q3 at $553 billion, up 325% from a year earlier. In another win for the company, it said it has the capital to support that growth as most of the equipment needed is either funded upfront via customer prepayments so Oracle can purchase the GPUs, or the customer buys the GPUs and supplies them to Oracle. 

Because customers are financing the AI buildout, this should alleviate some of the worry that Wall Street has had over the substantial debt ORCL took on over the past 6 months or so. 

Nevertheless, retail investors will have to wait quite some time for the shares to retrace to its $300 high. 

I expect ORCL stock to retrace $20 or more within the next 12 to 24 months.

Tyrone Jackson

The Wealthy Investor