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ORCL jumps 11% premarket as earnings challenge ‘SaaS apocalypse’ fears

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ORCL jumps 11% premarket as earnings challenge 'SaaS apocalypse' fears

Oracle (ORCL) shares jumped 11% in premarket trading on Wednesday after the company delivered stronger than expected results and pushed back against fears of a looming “SaaS apocalypse,” easing investor concerns about both AI disruption and its recent debt raise.

Revenue climbed 18% to $17.19 billion, beating the $16.92 billion analysts, according to Wall Street Journal. Cloud revenue rose 41%, while cloud infrastructure sales increased by 81%, highlighting strong demand tied to artificial intelligence.

Management used the earnings call to directly address concerns that generative AI could undermine traditional software vendors. Executives argued the opposite, saying customers want AI embedded directly into mission critical systems rather than replacing them with standalone tools.

The results also helped calm worries about Oracle’s balance sheet after the company said it planned to raise up to $50 billion in debt and equity to fund AI infrastructure. Oracle said $30 billion has already been raised through investment-grade bonds and mandatory convertible preferred stock, with demand heavily oversubscribed.

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Oracle’s gains also lifted the iShares Expanded Tech-Software Sector ETF (IGV) about 1% in premarket trading, where Oracle is the fourth-largest holding. The move contrasted with bitcoin, which is down roughly 0.5% ahead of U.S. CPI data, suggesting the tight correlation between software stocks and bitcoin may be easing.

Earlier this year the two had moved closely together. IGV fell about 34% from its October high, a decline that coincided with bitcoin’s roughly 50% correction as both software stocks and crypto sold off in tandem.

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Hyperscale Data (GPUS) Stock: Revenue Forecast Targets $200M by 2026 Through AI Growth

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GPUS Stock Card

Key Takeaways

  • Hyperscale Data targets $180M–$200M revenue for 2026 through AI and blockchain expansion.
  • Complete Ballista integration projected to contribute $40M annually versus $3.2M in Q4 2025.
  • Ault Lending division forecast to generate $20M–$30M, enhancing profit margins.
  • AI infrastructure and software solutions positioned for scalable revenue growth.
  • Multi-segment operations and premium-margin platforms support robust 2026 projections.

Shares of Hyperscale Data, Inc. (GPUS) finished trading at $0.1669, gaining 0.97%, while pre-market activity showed the stock at $0.1715, climbing 2.76%. The firm unveiled fiscal 2026 revenue projections ranging from $180 million to $200 million. These estimates suggest potential year-over-year expansion of 80% to 100% compared to preliminary fiscal 2025 figures.


GPUS Stock Card

Hyperscale Data, Inc., GPUS

Preliminary 2025 revenue figures included only partial-year results from Gresham Worldwide, Inc. This entity is merging with Ballista Group, Inc., which recently emerged from bankruptcy proceedings. Management anticipates Ballista will generate $40 million in full-year 2026 revenue, substantially higher than the $3.2 million recorded during Q4 2025.

Revenue acceleration stems from broadening activities across artificial intelligence infrastructure, software solutions, blockchain technology, financial services, and digital platforms. Historical capital deployments in these sectors are now yielding more stable financial returns. Leadership projects these strategic investments will produce between $24 million and $44 million in 2026 revenue.

Multiple Revenue Streams Underpin 2026 Projections

The company’s lending arm, Ault Lending, is forecast to contribute $20 million to $30 million toward 2026 revenue totals. Current quarter expectations include roughly $10 million from this division alone. Ault Lending has delivered strong profitability margins despite variable trading conditions.

The company’s multi-faceted business model enables various revenue channels while preserving strategic capital management. Premium-margin segments are anticipated to boost consolidated profitability. Income from software applications, blockchain initiatives, and digital ecosystems may yield superior margins relative to conventional infrastructure services.

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Ongoing capital investment in high-performance computing facilities, AI data centers, and Bitcoin mining infrastructure will continue through 2026. Rising utilization across these assets should enhance fixed-cost efficiency and improve aggregate margin performance. Management expects operational leverage to strengthen as emerging platforms achieve commercial-scale revenue production.

Artificial Intelligence and Digital Platform Development

Hyperscale Data progresses its artificial intelligence infrastructure strategy, featuring Michigan-based AI computing facilities and expanded HPC capabilities. Worldwide demand for AI computational power, enterprise hosting solutions, and inference processing shows sustained upward momentum. AI-driven service offerings are positioned to become major contributors to revenue expansion and margin enhancement.

The organization’s software and digital platform investments are architected for efficient scaling alongside physical infrastructure. Growing platform revenue is expected to bolster profitability through fourth-quarter 2026. Leadership forecasts that higher-margin business segments will create leverage for sustained growth into fiscal 2027.

Hyperscale Data proceeds with Ballista consolidation efforts and subsidiary integration to reinforce financial resilience. Year-round contributions from reorganized business units provide enhanced revenue predictability. The company establishes itself to leverage diversified operational capabilities, scalable infrastructure assets, and maturing digital platforms throughout the 2026 fiscal year.

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DOJ Investigates Iran’s Use of Binance to Evade US sanctions: WSJ

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DOJ Investigates Iran’s Use of Binance to Evade US sanctions: WSJ

The Department of Justice is investigating Iran’s use of Binance for alleged sanctions evasion after the exchange repeatedly denied wrongdoing.

The US Department of Justice is reportedly investigating Iran’s use of Binance for alleged sanctions evasion.

The DOJ is investigating whether Iran used Binance to evade US sanctions and whether transactions on the exchange helped route funds to networks linked to Iran-backed groups, including Yemen’s Houthi militants, the Wall Street Journal reported Wednesday, citing company documents and people familiar with the matter.

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The WSJ said it remains unclear whether the DOJ is investigating Binance itself, its users, or both. Officials have contacted people with knowledge of the transactions to seek interviews and gather evidence, the report said.

The probe follows earlier reporting that Binance dismantled an internal investigation into roughly $1 billion that flowed through the platform to a network tied to Iranian proxy groups.

The DOJ had not confirmed the investigation at the time of publication. Binance did not immediately respond to Cointelegraph’s request for comment.

Related: CZ says CEXs have ‘zero motive’ to aid terrorists as court dismisses terrorism suit

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US Senate Democrats launched a probe in February, and Binance has repeatedly denied any wrongdoing.

Binance pleaded guilty in 2023 to violating US anti-money-laundering and sanctions laws, paying a $4.3 billion fine and agreeing to operate under US oversight.

Former Binance CEO Changpeng “CZ” Zhao pleaded guilty to related charges and spent four months in jail in 2024. In October 2025, CZ received a pardon from US President Donald Trump.

Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026

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