Oracle is trading 3.2% up now at $158.94 after Snowflake’s strong fiscal second-quarter results and higher fiscal 2027 product-revenue forecast improved sentiment across cloud software and AI infrastructure.
- Snowflake raised its forecast to $6.07 billion from $5.84 billion.
- Snowflake shares surged 23% in Thursday trading.
- There is no clear Oracle-specific announcement on September 4, 2026; investors are focusing on Oracle’s expanding AI-cloud infrastructure role, with the broader software sector rally providing the main support.