Oracle Projects Strong Growth, Lockheed Drops, Starbucks Potential China Stake
Jun 11, 2025
Oracle's shares soar following a bullish cloud sales projection, signaling its growing dominance in AI-driven computing. In contrast, Lockheed Martin faces a troubling drop after the Air Force halves its F-35 order, raising concerns about future earnings. Meanwhile, Starbucks is rolling out strategic innovations, including a new protein drink, to enhance customer traffic and expand its footprint in China amidst market challenges. Exciting shifts are happening for these major players!
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insights INSIGHT
Oracle's Cloud Growth Outlook
Oracle's cloud infrastructure sales projected to grow over 70% in fiscal year 2026.
This surge aligns with their strategic focus on AI-related computing power clients like OpenAI and Meta.
insights INSIGHT
Lockheed Faces Cuts from Air Force
The Air Force halved its F-35 order, signaling defense budget cuts are underway.
Lockheed Martin faces challenges as the largest client reduces purchases amid Pentagon spending cuts.
insights INSIGHT
Starbucks Plans Major China Expansion
Starbucks is exploring selling a stake in its China business to fuel rapid expansion.
The goal is to grow stores from 8,000 to 20,000 while retaining significant control.
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- Oracle (ORCL) shares are up after the company projected cloud infrastructure sales will jump more than 70% in the fiscal year that began this month, boosting investor enthusiasm for the closely watched business. Oracle, long known for its database software, has been gaining in its effort to become a major player in the business of renting out computing power and storage by targeting clients focused on artificial intelligence work. Earlier this year, it announced a joint venture — dubbed Stargate — to provide OpenAI with massive sums of computing power. It has also inked customers for the cloud business, including Elon Musk’s xAI and Meta Platforms Inc. Fiscal fourth-quarter total cloud sales increased 27% to $6.7 billion, in line with estimates. Cloud infrastructure revenue increased 52% to $3 billion, the company said Wednesday in a statement.
- Lockheed Martin (LMT) shares are down after the Air Force has cut in half its request to Congress for its signature F-35s, dealing a blow to Lockheed Martin Corp., the top US defense contractor. A Defense Department procurement request document sent to Capitol Hill this week asked for 24 of the planes, down from 48 that was forecast last year. The proposed cut is significant because the Air Force is the largest customer for the world’s biggest weapons program. The scaling back of the F-35 request may reflect one way the service is revising its funding for fiscal 2026 to comply with Defense Secretary Pete Hegseth’s plan to shift projected US military spending by 8% over the next five years.
- Starbucks (SBUX) shares are up after CEO Brian Niccol told the Financial Times earlier about the coffee chain's possible sale of a stake in its China business has drawn “a lot of interest,” The company is searching for a partner interested in expanding the chain from around 8,000 to 20,000 stores in China. Starbucks in no rush to close a deal and aims to have a “meaningful stake” in the operation
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