Oracle Corporation (ORCL)
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:
4 Key Takeaways From Oracle's Earnings Call
After Oracle (ORCL) reported fiscal fourth-quarter earnings that missed estimates and announced large cloud infrastructure deals with Microsoft (MSFT), OpenAI, and Alphabet's (GOOGL) Google Cloud, company executives joined the company's earnings call Tuesday to discuss the new partnerships, how artificial intelligence (AI) could drive growth for Oracle, and more.
Oracle Corporation (ORCL) Q4 2024 Earnings Call Transcript
Oracle Corporation (NYSE:ORCL ) Q4 2024 Earnings Conference Call June 11, 2024 5:00 PM ET Company Participants Ken Bond - SVP, IR Larry Ellison - Chairman and CTO Safra Catz - CEO Conference Call Participants Raimo Lenschow - Barclays Brad Zelnick - Deutsche Bank Siti Panigrahi - Mizuho Securities Alex Zukin - Wolfe Research Kirk Materne - Evercore ISI John DiFucci - Guggenheim Securities Operator Thank you. Good day, everyone, and welcome to Oracle's Fourth Quarter 2024 Earnings Call.
Compared to Estimates, Oracle (ORCL) Q4 Earnings: A Look at Key Metrics
The headline numbers for Oracle (ORCL) give insight into how the company performed in the quarter ended May 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Oracle (ORCL) Q4 Earnings and Revenues Lag Estimates
Oracle (ORCL) came out with quarterly earnings of $1.63 per share, missing the Zacks Consensus Estimate of $1.64 per share. This compares to earnings of $1.67 per share a year ago.
Oracle Stock Surges on Deals With Microsoft, OpenAI, and Google, Despite Earnings Miss
Oracle (ORCL) reported fourth-quarter revenue and earnings that missed analysts' estimates, but announced large cloud infrastructure deals with Microsoft (MSFT), OpenAI, and Alphabet's (GOOGL) Google Cloud for artificial intelligence (AI) data centers, sending Oracle shares up over 9% in extended trading Tuesday.
Oracle Stock Jumps 9% On Results, AI News (Live Coverage)
Oracle stock jumped late Tuesday on upbeat guidance and new cloud partnerships with OpenAI and Google. (IBD Live Coverage)
Oracle surges on mega-partnerships with Google, Microsoft, and OpenAI despite 4Q miss
Oracle Corp (NYSE:ORCL, ETR:ORC) shares flew higher afterhours Tuesday as the company disclosed new partnerships with Google, Microsoft and OpenAI. Despite a fiscal 4Q earnings miss, Oracle's shares surged following the announcement, buoyed by significant deals with the tech giants.
