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.
The entire stock market seems to be centered around the technology sector today, going after the ever-increasing valuations and growth projections seen in the artificial intelligence space and its support areas, such as semiconductors and chip makers. However, there is another area that hasn't gotten too much attention lately.
The fast-growing adoption of artificial intelligence (AI) has given Oracle (ORCL 1.28%) a nice boost over the past couple of years, with shares of the company that's known for providing database management systems more than doubling during this period.
Big news in the artificial intelligence (AI) space over the weekend is shaking up stock prices at AI app-maker C3.ai (AI -4.77%) and small modular nuclear power plant-builder NuScale Power (SMR -3.41%) this morning, with C3.ai stock down 6.4% through 10:20 a.m. ET, and NuScale off 6.2%.
Oracle's currency headwinds in 3Q are expected to alleviate due to the weak dollar over the past few weeks, creating the potential to exceed market consensus. The company can maintain growth acceleration in revenue in 3Q on a constant currency basis, and its long-term growth potential is supported by nearly 50% YoY growth in RPO. Strong RPO growth is largely driven by cloud contract backlogs, which accounted for 75% of total RPO in 2Q.
Oracle CEO Safra Catz talks with CNBC's David Faber at Miami's FII summit.
Investing legend Warren Buffett is known for finding stock undervalued and unloved by Wall Street and he may have done that again with a new investment unveiled in his latest fourth-quarter 13F.
Despite not capturing the same level of market attention as some of its mega-cap technology sector peers, Oracle (ORCL 0.17%) has quietly emerged as a major winner in the artificial intelligence (AI) revolution. A surge in demand for the company's infrastructure solutions and broader software applications has powered shares to a fantastic 53% return in the past year.
In the closing of the recent trading day, Oracle (ORCL) stood at $173.86, denoting a +0.95% change from the preceding trading day.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Billionaire Larry Ellison just saw his net worth plunge about $3.2 billion on the day. While a 1% drop in Oracle (NYSE:ORCL) put a dent in his net worth, it was Ellison’s 1.5% stake in Tesla (NASDAQ:TSLA) that really made a mess. All as Tesla shed 6%, or $22.23 of its value yesterday alone. That now leaves Tesla down 16% since the start of the year. Key Points About This Article Billionaire Larry Ellison just saw his net worth plunge about $3.2 billion on the day. While a 1% drop in Oracle (ORCL) put a dent in his net worth, it was Ellison’s 1.5% stake in Tesla that made a mess. Chinese rival BYD just introduced its advanced driver-assistance features across most of its EVs for no extra cost, fueling a brutal price war. 4 million Americans are set to retire this year. If you want to join them, click here now to see if you’re behind, or ahead. It only takes a minute. (Sponsor) Chinese Rival BYD Now Has a Competitive Advantage Chinese rival BYD (OTCMKTS:BYDDF) just introduced its advanced driver-assistance features across most of its EVs for no extra cost – along with the integration of DeepSeek software. According to Bloomberg, “BYD said it will make its God’s Eye driver-assistance system standard in vehicles priced from 100,000 yuan ($13,700) and include it in several lower-cost models such as the popular Seagull hatchback.” All of which gives BYD a significant advantage over other EV companies, like Tesla. Granted, Tesla also released similar full self-driving features in the U.S., but it’s charging a subscription fee of $99 a month, or a one-time payment of $8,000. Tesla is also waiting on regulatory approval to launch trials in the Chinese market. Meanwhile, “BYD has now gone from 0 to 1 in assisted driving development, which will accelerate the adoption rate of Navigation on Autopilot function in the mass market and lead to a wave of upgrades by existing users,” Jefferies’ analysts added, as also quoted by Bloomberg. All of which is sure to fuel a brutal, ongoing price war in the electric vehicle market. There are also concerns over Elon Musk’s other distractions Investors are nervous about Elon Musk’s many distractions, too. Not only is he busy in D.C., he’s trying to gain control of OpenAI from Sam Altman, leading a group of investors who offered to buy it for $97.4 billion. However, Altman rejected the offer, noting that “Our structure exists to ensure that no individual can take control of OpenAI,” as quoted by Wired.com. “Elon runs a competitive AI company, and his actions are not about OpenAI’s mission or values.” Musk also runs SpaceX, xAI, and other firms. He has a position in President Trump’s newly formed Department of Government Efficiency or DOGE. He needs to challenge BYD with lower-priced electric vehicles. And there are also concerns Elon Musk may have to sell some of his Tesla shares to fund his ventures. In short, there are plenty of reasons shares of Tesla could pull back even more. BYD just introduced its advanced driver-assistance features across most of its EVs for no extra cost – along with the integration of DeepSeek software – which is sure to fuel a brutal, ongoing price war. Plus, investors are greatly concerned Elon Musk has too many distractions. After dropping from about $475 to its current price of $328.50, Tesla could pull back even more if Musk fails to right the ship. From $328.50, Tesla’s next support line is at $309.22. Worst case, Tesla could plummet back to its November low of $238.88. Let’s just hope it doesn’t get that bad. The post Larry Ellison’s Net Worth Just Plunged $3.2 Billion appeared first on 24/7 Wall St..
Oracle (ORCL -2.81%) and Amazon (AMZN -1.65%) represent two different ways to invest in the growing cloud and artificial intelligence (AI) services markets.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?