BusinessOracle Shares Rise 8% as OpenAI Revenue Nears $70 Billion
Oracle shares surged up to 8.27% to $143.57 before settling 5.15% higher at $139.43, following reports that OpenAI's annualized revenue run rate is approaching $70 billion. This marks a rapid commercial growth for OpenAI, with enterprise sales more than doubling since July and consumer revenue in Q3 surpassing 2025's total. The surge highlights OpenAI's expanding demand for computing infrastructure, benefiting Oracle.
NDTV Business·2h ago



