Oracle Corporation (ORCL)
Nvidia Stock Investors Just Got Spectacular News From Oracle
Oracle is building many new data centers powered by Nvidia AI chips.
Oracle (ORCL) Q4 Earnings Miss Estimates, Revenues Rise Y/Y
Oracle's (ORCL) fiscal fourth-quarter performance benefits from a steady adoption of strategic cloud applications, autonomous database and OCI, as well as a recovery in cloud revenue growth.
Oracle stock makes new all-time high: Should you buy?
Oracle Corporation (NYSE:ORCL) has captured the market's attention once again with a stellar performance. On June 11th, 2024, the company reported its Q4 2024 earnings after the market closed.
Oracle Stock Hits Record High on New Partnerships
Shares of Oracle Corp (NYSE:ORCL) are up 12.3% to trade at $139.10, and earlier hit a record high of $139.90.
A Bubble is Brewing in Oracle Stock, and it's Only Getting Bigger
An AI-driven bubble is forming in Oracle's NYSE: ORCL shares, which is only getting bigger. The FQ4 release highlights a supply-demand situation in which demand outpaces supply, and Oracle invests to meet the need.
Oracle Has A Long Growth Runway For OCI
Oracle Corp. reported strong growth in cloud services, with adjusted operating margin and aEBITDA margin expanding to 44% and 55%, respectively. Oracle executing exceptionally well in building out their large, modular, and scalable AI factories as they attempt to keep pace with customer demand. Oracle disclosed a deal with OpenAI to build 4 new data centers to cater to training neural networks. I believe that these will likely use Nvidia's new Blackwell GPUs.
Why Oracle's OpenAI Deal Is So Important for the Stock
With OpenAI and other AI deals providing a boost to future growth, the market looks largely willing to overlook the fact Oracle's earnings actually missed expectations.
Oracle earnings show why the stock could keep beating the market this year
Against a dim backdrop for software stocks this year, Oracle Corp. has beaten the pack, and many analysts say the company's latest results show why that trend could persist.
Watch Out for These Levels in Oracle's Stock Price
Oracle (ORCL) shares jumped in premarket trading Wednesday after the enterprise software giant announced cloud infrastructure deals with Microsoft (MSFT), Alphabet's Google (GOOGL) and Chat GPT owner Open AI that outweighed quarterly results that fell short of Wall Street expectations.
Oracle gains as cloud infrastructure business gets AI boost
Oracle shares jumped nearly 9% on Wednesday as investors cheered a boom in demand for the company's relatively low-cost cloud infrastructure services from artificial intelligence applications.
Nvidia Stock Gains. What Oracle's Earnings Mean for the AI Chip Leader.
Oracle CEO Larry Ellison said the company was using Nvidia chips in a deal to provide additional AI training capacity for ChatGPT-developer OpenAl.
Oracle, Broadcom And Other 3 Key Stocks To Watch On Wednesday
With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
