Stock Movers: Casey's General, Oracle, Synopsys

Scott Peters
10 Sep, 2025
New York City

Casey's General Stores Inc. surged 5% to $541.48 after the convenience store operator reported a 19% rise in its earnings in the latest quarter ending on July 31.

Consolidated revenue increased to $4.6 billion from $4.1 billion, net income advanced to $215 million from $180 million, and diluted earnings per share rose to $5.77 from $4.83 a year ago.

During the quarter, the company repurchased approximately $31 million of shares, and the company has approximately $264 million remaining under its existing share repurchase authorization.

The company's board declared a cash dividend of $0.57 per share, payable on November 14 to shareholders on record on November 1.

Casey's reiterated its fiscal 2026 outlook, and the company estimated EBITDA to grow by 10% to 12% from a year ago, with same-store inside sales increasing 2% to 5% and an inside margin of about 41%.

 Casey's estimated same-store fuel gallons sold to range from negative 1% to positive 1%, and operating expenses to rise by 8% to 10%. 

Casey’s plans to open at least 80 new stores through a mix of acquisitions and new builds, bringing the total to around 500 stores over the three-year strategic plan. 

Oracle Corp. jumped 28.77% to $311.01 after the database developer reported a slight increase in revenue and a marginal decline in net income in the fiscal first quarter ending on August 31.

Consolidated revenue advanced to $14.9 billion from $13.3 billion, net income inched lower to $2.927 billion from $2.929 billion, and diluted earnings per share edged down to $1.01 from $1.03 a year ago.

The company's board declared a quarterly cash dividend of $0.50 per share, payable on October 23 to shareholders on record on October 9.

"We signed four multi-billion-dollar contracts with three different customers in Q1," said Oracle CEO Safra Catz.

"This resulted in the contract backlog increasing 359% to $455 billion.

It was an astonishing quarter—and demand for Oracle Cloud Infrastructure continues to build.

Over the next few months, we expect to sign up several additional multi-billion-dollar customers, and Remaining Performance Obligation is likely to exceed half a trillion dollars," Catz added. 

Oracle Cloud Infrastructure revenue is to grow 77% to $18 billion this fiscal year—and then increase to $32 billion, $73 billion, $114 billion, and $144 billion over the subsequent four years."

Oracle Chairman and CTO Larry Ellison announced that MultiCloud database revenue from Amazon, Google, and Microsoft grew by an impressive 1,529% year-over-year in the first fiscal quarter.

"This growth is to continue as Oracle delivers 37 additional datacenters to its hyperscaler partners, bringing the total to 71," estimated Ellison. 

Ellison also revealed that Oracle will launch a new service next month at Oracle AI World called the "Oracle AI Database," which will allow customers to run leading AI models—such as ChatGPT, Gemini, and Grok—directly on top of Oracle Database.

Synopsys Inc. declined 19.59% to $485.97 after the electronic design automation company reported a slight increase in revenue and a 41% decrease in profit in the latest quarter ending on July 31.

Consolidated revenue increased to $1.7 billion from $1.5 billion, net income declined to $242 million from $408 million, and diluted earnings per share fell to $1.50 from $2.61 a year ago.

The company's board authorized a $1.5 billion stock repurchase program in fiscal 2022. 

As of the end of July, $194.3 million remained available under the program; however, it is currently suspended due to the Ansys merger and will resume after debt reduction.

On July 17, 2025, Synopsys completed the acquisition of ANSYS, Inc., under the previously announced merger agreement dated January 15, 2024. ANSYS is now a wholly owned subsidiary of Synopsys.