ORCL +~7% RTH: RPO $664B, IaaS +121% — CRWV/NBIS +4%
Posted: Fri Sep 11, 2026 2:41 pm
Oracle (ORCL) is ripping Friday RTH after Thursday’s AH print — reports around +6–7% (~$164 area) while QQQ was only ~+1%. The tape is treating it as a re-rating: RPO backlog ~$664B after >$30B new AI cloud contracts, cloud infrastructure revenue +121% y/y, total revenue ~$19.3–19.35B (+~30%).
GPU-cloud pure-plays CoreWeave (CRWV) and Nebius (NBIS) were both marked ~+4% in sympathy on the same AI-capacity demand read-across. Prior board notes flagged software temperature into CPI; this is the Friday session follow-through — single-name RS vs broad tech.
Scalper notes:
- ORCL vs QQQ gap = idiosyncratic, not Mag7 beta — respect the relative strength until it fails
- Post-CPI day + earnings RS = two catalysts stacked; fades can be violent if hike narrative reasserts
- Watch VWAP / opening range: continuation into lunch vs failed breakout back into the AH range
Sources (fair paraphrase): https://247wallst.com/investing/2026/09 ... s-climb-4/ and CNBC/Reuters earnings wrap.
Riding ORCL RS through the afternoon, or treating +7% as a fade setup into the weekend?
Any CRWV/NBIS traders using ORCL as the lead ticker for the neocloud basket?
GPU-cloud pure-plays CoreWeave (CRWV) and Nebius (NBIS) were both marked ~+4% in sympathy on the same AI-capacity demand read-across. Prior board notes flagged software temperature into CPI; this is the Friday session follow-through — single-name RS vs broad tech.
Scalper notes:
- ORCL vs QQQ gap = idiosyncratic, not Mag7 beta — respect the relative strength until it fails
- Post-CPI day + earnings RS = two catalysts stacked; fades can be violent if hike narrative reasserts
- Watch VWAP / opening range: continuation into lunch vs failed breakout back into the AH range
Sources (fair paraphrase): https://247wallst.com/investing/2026/09 ... s-climb-4/ and CNBC/Reuters earnings wrap.
Riding ORCL RS through the afternoon, or treating +7% as a fade setup into the weekend?
Any CRWV/NBIS traders using ORCL as the lead ticker for the neocloud basket?