Stock Market Today, March 11: Oracle Surges After Earnings Beat and Upbeat Long-Term Revenue Guidance

By Howard Smith – Mar 11, 2026 at 5:11PM ESTExpandNYSE: ORCLOracleToday's Change(9.32%) $13.93Current Price$163.33Key Data PointsMarket Cap$429BDay's Range$160.58 - $171.7552wk Range$118.86 - $345.72Volume3.1MAvg Vol29MGross Margin65.40%Dividend Yield1.34%Oracle (ORCL +9.32%), a database and cloud software provider, closed Wednesday at $163.12, up 9.18%. The stock rallied after a fiscal Q3 earnings and revenue beat, strong cloud and AI growth, and raised long-term revenue guidance. Investors are also eyeing execution on large AI data center projects.Trading volume reached 79 million shares, coming in about 162% above its three-month average of 30.1 million shares. Oracle IPO'd in 1986 and has grown 257,656% since going public.How the markets moved todayS&P 500 (^GSPC 0.08%) slipped 0.10% to 6,775, while the Nasdaq Composite (^IXIC +0.08%) edged up 0.08% to 22,716. Within enterprise software and cloud computing, industry peers Microsoft (MSFT 0.25%) closed at $404.88 (-0.22%) and International Business Machines (IBM 0.53%) finished at $248.87 (-0.53%), lagging Oracle’s post-earnings surge.What this means for investorsInvestors breathed a big sigh of relief after Oracle’s earnings announcement. That’s because the company has become the face of concern over spending on artificial intelligence (AI) infrastructure. Even after today’s jump, Oracle stock is down over 16% this year as investors worried that it was overextending itself with capital spending on AI. This report eased fears over its aggressive AI spending, though. Oracle reported 22% revenue growth, including 44% cloud revenue growth. It also reported a $553 billion backlog and provided an upbeat 2027 outlook. The company also said it doesn’t have any plans to issue bonds beyond what has already been announced this year. That may have been the biggest news that had investors buying shares today. Read NextMar 11, 2026 •By Neil RozenbaumOracle Just Proved the AI Boom Is Far From OverMar 11, 2026 •By Danny Vena, CPAOracle's AI-Fueled Growth Silences Doubters -- for NowMar 10, 2026 •By Daniel SparksOracle's Backlog Now Sits at $553 Billion. Is the Stock a Buy?Mar 10, 2026 •By Scott LevineWhy Oracle Stock Is Ripping Higher in After-Hours TradingMar 10, 2026 •By Jose NajarroShould Nvidia Stock Investors Be Worried About Latest Oracle and OpenAI Rumors?Mar 9, 2026 •By Scott LevineOwn Oracle Stock? 2 Things Investors Need to Know.About the AuthorHoward Smith is a contributing Motley Fool stock market analyst covering technology and industrial stocks. Prior to The Motley Fool, Howard spent nearly 30 years supervising quality and operations in the steel industry, mostly with leading steel company Nucor. He holds a bachelor’s degree in metallurgical engineering from Lafayette College and a master’s degree in environmental engineering from Johns Hopkins University.TMFBuilt2LastStocks MentionedOracleNYSE: ORCL$163.33(+9.32%)+$13.93MicrosoftNASDAQ: MSFT$404.73(-0.25%)-$1.03International Business MachinesNYSE: IBM$248.46(-0.69%)-$1.74*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.