Oracle Corporation (ORCL)
Oracle impresses analysts with 'huge' AI contract wins and 'extraordinary' backlog
Oracle Corp (NYSE:ORCL, ETR:ORC) shares were given further backing by analysts after it reported earnings and revealed new AI-linked partnerships with Google, Microsoft and OpenAI overnight. UBS and Jefferies both issued 'buy' ratings with price targets of $160 and $150, versus Tuesday's close at $123.88.
Oracle Stock Soars on OpenAI, Google Deals, Strong Outlook
Oracle stock is trading higher as the software firm's new AI deals and upbeat outlook offset an earnings miss. Here's what you need to know.
Oracle's (ORCL) Expanding Partner Base to Boost Cloud Revenues
Oracle (ORCL) expands its partner base with Microsoft and Google, which is expected to boost the company's cloud services and license revenues in the upcoming quarters.
Oracle stock pops 10% on AI demand, new deals with Google and OpenAI
Oracle shares popped on Wednesday, a day after the software company announced its fourth-quarter results that showcased a strong RPO backlog. The company reported $98 billion of RPO, the revenue it expects to receive from contracts in future quarters.
Is Oracle (ORCL) Stock the Next Nvidia?
Oracle (NYSE: ORCL ) stock is trending on social media and across headlines this morning after reporting weaker-than-expected financial results. However, positive comments about Oracle's artificial intelligence (AI) related business and upbeat guidance have investors excited.
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.
