Stock Market Today, Oct. 28: Oracle Surges on Fiscal 2030 Revenue Guidance of $225 Billion

Oracle surged 10.73% on October 28, 2026, following its Investor Day announcement projecting at least $225 billion in fiscal 2030 revenue and $30 billion in free cash flow by fiscal 2029. The guidance eased investor concerns about the company's heavy AI infrastructure spending and debt levels. Oracle's stock had fallen 50% over the past 12 months due to significant capital expenditures, but the positive outlook and vendor financing strategies are reviving confidence in the company's cloud growth and financial management.