Oracle beat first-quarter revenue estimates on Monday, boosted by growing demand for its cloud offerings from companies deploying artificial intelligence.
UPDATE—Sept. 9, 2024: This article has been updated to reflect more recent share price information.
Wall Street expects Oracle Corp ORCL to report $1.32 in earnings per share (EPS) and $13.23 billion in revenues when the company releases first-quarter financials on Monday after market hours.
Oracle reports quarterly results on Wednesday. Plus, August inflation data and an expected European Central Bank interest-rate cut.
Oracle Corp. is set to report Q1'25 earnings on September 9, 2024, with strong expectations from analysts and investors, suggesting minimal room for an earnings surprise. Oracle's AI factory expansion and improved GPU supply position the Cloud Services segment for significant growth, potentially reaching $25B in eFY25 and $33B in eFY26. Despite near-term market volatility, I remain bullish on ORCL shares and optimistic about the company's long-term growth strategy.
Oracle (ORCL) is set to report results from its fiscal first quarter of 2025 after the market closes on Monday. Investors will likely have their eye on cloud infrastructure growth.
ORCL's fiscal first-quarter results are likely to reflect rapid adoption and progress in AI-based cloud services offering potential for future expansion.
Oracle Corporation ORCL is set to release earnings results for its first quarter fiscal year 2025, after the closing bell on Monday, Sept. 9.
The Oracle founder is backing his son's $8 billion proposal to buy out Shari Redstone's controlling interest in Paramount Global.
ORCL's progress in driving cloud adoption and delivering innovative AI solutions signals optimism for investment ahead of fiscal Q1 results.
Here is how Oracle (ORCL) and Ceragon Networks (CRNT) have performed compared to their sector so far this year.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?