Oracle Corporation (ORCL)
ORCL's Cloud Database Gains Steam: Is it the Next Revenue Pillar?
Oracle's database push gains momentum with 31% cloud growth, 47% rise in Autonomous use, and a $25 billion spending on AI-ready infrastructure.
Oracle landmark deals signal new phase of accelerated growth, analysts say
Oracle Corp (NYSE:ORCL, ETR:ORC)'s recent deals represent a pivotal moment in its evolution as a hyperscaler, analysts at Jefferies believe. The analyst repeated their ‘Buy' rating on Oracle and upped their price target to $270 from $220, implying upside of 16% from levels at the time of writing.
Oracle Gives U.S. Government Discount on Cloud and Software
Oracle is the latest tech giant to offer the Trump administration a significant discount on its services.
OpenAI, Oracle Deal Shows Need for Compute Power
The US is self-sufficient in energy compared to the rest of the world, says Janet Mui, head of market analysis at RBC Brewin Dolphin. She joins Ed Ludlow on “Bloomberg Tech” to discuss the need for compute power as OpenAI and Oracle expand their on their Project Stargate deal.
OpenAI behind $30B Oracle cloud deal, sources say
It has been revealed that OpenAI is the customer behind a $30 billion annual cloud deal with Oracle Corp (NYSE:ORCL, ETR:ORC) disclosed earlier this week. According to multiple media reports citing sources with knowledge of the deal, OpenAI will rent about 4.5 gigawatts of data center power across multiple US sites as part of its Stargate initiative.
Oracle's cloud success has made it a controversial stock. Here's the latest source of debate.
While there are questions about a contract that will ultimately add more than $30 billion in revenue annually, Bernstein analysts think the arrangement will bring Oracle closer to its larger cloud competitors.
Oracle Corporation (ORCL) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Oracle (ORCL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Oracle (ORCL) Stock Hits an All-Time High Amid Increased Cloud Demand
Optimism surrounding Oracle's (ORCL) cloud and AI infrastructure endeavors pushed its stock to an all-time high of $228 a share on Monday.
Stifel upgrades Oracle: Cap ex will convert to revenue in coming quarters
Brad Reback, Stifel managing director, joins 'Power Lunch' to discuss Reback's thoughts on Oracle's stock, if it's not too late to invest in the company and much more.
Oracle shares at all-time high on $30B per year cloud deal starting in 2028
Oracle Corp (NYSE:ORCL, ETR:ORC) shares rose almost 5% on Monday, reaching an all-time high of around $222 on the news it has signed several large cloud services deals, including one which is expected to generate more than $30 billion in annual revenue starting in fiscal year 2028. This deal is one of the largest cloud contracts on record and nearly triples the size of Oracle's current infrastructure business.
Oracle's stock is climbing, and these are the big reasons why
Oracle announced a new cloud agreement. Plus, a Stifel analyst is freshly optimistic about the revenue opportunities ahead of the company.
Oracle Stock Nabs Fresh Record on Upgrade, Cloud Deal
Shares of software name Oracle Corp Inc (NYSE:ORCL) are charging higher, up 5.6% at $221.72, at last glance, after an upgrade from Stifel to "buy" from "hold.
