Oracle Corporation (ORCL)
Oracle: Beating AI Slowdown With OpenAI
Oracle labeled as a high conviction idea in enterprise software by Piper Sandler despite the AI industry slowdown. Partnerships, especially with OpenAI, set Oracle up for future AI collaborations and revenue growth. Oracle's financial metrics show a promising outlook with strong revenue and EPS growth projections, indicating high upside potential.
Disney Board Member Safra Catz Exits; Oracle CEO
Oracle CEO Safra Catz, who began serving on Disney's board of directors in 2018, is exiting her board post. No reason was given for the move, which the company said would result in the board shrinking from 12 members to 11. Directors are elected by shareholders every year at the company's annual meeting.
Oracle reaches $115 mln consumer privacy settlement
Oracle agreed to pay $115 million to settle a lawsuit accusing the database software and cloud computing company of invading people's privacy by collecting their personal information and selling it to third parties.
Oracle Pulls Back After Musk Deal Falls Through, Time to Buy?
Oracle stock NYSE: ORCL has pulled back nearly 6% from its recent 52-week highs following reports that the company is no longer in talks with Elon Musk's xAI startup for an expanded cloud-computing deal to train large language models. Despite this setback, Oracle has still outperformed the overall market and its sector, with the stock up over 30% year-to-date compared to the benchmark's 16.27% YTD performance.
No Hurry and No Worries! $200 Is Coming for Oracle Stock.
I'm going to pound the table until my fists hurt. Your portfolio should include cloud computing and generative AI exposure.
Oracle (ORCL) Falls More Steeply Than Broader Market: What Investors Need to Know
In the closing of the recent trading day, Oracle (ORCL) stood at $138.03, denoting a -0.88% change from the preceding trading day.
Is Oracle (ORCL) a Buy as Wall Street Analysts Look Optimistic?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Oracle (ORCL) Cloud Enhances Ackermans' Retail Planning System
Oracle (ORCL) announces that its Retail Merchandise Financial Planning Cloud Service has been adopted by Ackermans, a leading value retailer.
Should Oracle Investors Be Worried After Elon Musk's Latest Blow?
Oracle was reportedly in negotiations for a $10 billion data center deal with Elon Musk's startup, xAI. While the talks have ended, investors should not sour on Oracle.
Oracle Corporation (ORCL) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Oracle (ORCL). This makes it worthwhile to examine what the stock has in store.
Will Oracle Be a Trillion-Dollar Stock by 2030?
Oracle's market cap is nearly $400 billion, making it one of America's largest companies. It is building enormous data centers to help meet the demand for more cloud-based and AI-powered applications.
The Oracle Deal Isn't a Gamechanger for Palantir Stock. PLTR Is a Buy Anyways.
You can tell it's the dog days of summer by the kind of business news covered by the media. On July 9, Oracle (NASDAQ: ORCL ) announced a tie-up with Palantir Technologies (NYSE: PLTR ) that seemed to move both Oracle and Palantir stock.
