Oracle shares saw significant gains, including a +3.34% jump on December 22, 2025, and +6.63% on December 19, 2025. This surge was primarily driven by strong AI cloud growth forecasts and strategic alliances, particularly Oracle's role as a lead investor and security partner in the U.S. TikTok joint venture. The company also reported a record $523.3 billion in Remaining Performance Obligations, including a $300 billion contract with OpenAI for AI infrastructure like the Stargate data centers, signaling high conviction in future AI utility despite ongoing concerns about data center debt and free cash flow.