Stock splits have gained in popularity in recent years as the pace of the market's growth has risen, with many companies going this route in order to get per-share prices back to levels retail investors are comfortable with. Such a move doesn't alter a company's fundamentals.
In the most recent trading session, Oracle (ORCL) closed at $172.35, indicating a +0.4% shift from the previous trading day.
Oracle's cloud infrastructure grew 52% YoY, and RPO surged 50% YoY, indicating strong future revenue visibility, while its 3% market share in cloud services suggests significant expansion potential. Despite high debt, Oracle's fair valuation relative to Amazon and Microsoft, along with strong RPO growth, reinforces its financial stability. Strategic partnerships with Meta and OpenAI, alongside the ambitious Stargate Project, underscore Oracle's potential for substantial future revenue growth.
Oracle on Thursday added another set of artificial intelligence (AI) tools to NetSuite, one of its corporate finance software offerings, including some that might make it faster for consumers to get a price quote on purchases like custom bicycles.
Berkshire Hathaway Inc BRK BRK CEO Warren Buffett was able to once again beat the performance of the S&P 500 in 2024, which came as he sold shares of several of his larger positions and added to his cash balance.
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 -0.42%), one of the world's largest database software companies, was often considered a slow-growth tech giant. But over the past three years, its stock has more than doubled as it dazzled investors with the robust growth of its cloud business.
As the CEO of Berkshire Hathaway (BRK.A) (BRK.B), Warren Buffett has had a fantastic track record allocating capital. The conglomerate's stock price has climbed at an impressive 19.8% compound annual rate between 1965 and 2023, substantially outpacing the broader S&P 500.
Major tech stocks sold off sharply this week on DeepSeek jitters, but the bond market has been fairly steady.
Jim Lebenthal, Chief Equity Strategist at Cerity Partners, joins CNBC's "Halftime Report" to explain why he's trimming Oracle.
Oracle has added role-based artificial intelligence (AI) agents to its cloud supply chain and manufacturing suite. The new offering is designed to automate routine tasks and allow companies to devote more time to strategic supply chain initiatives, according to a Thursday (Jan. 30) press release.
Cloud computing giant Oracle (ORCL -1.21%) has delivered impressive gains in the past year, rising more than 48% on the market as compared to the 25% gains registered by the Nasdaq Composite index over the same period (as of this writing). Its performance was driven by the fast-growing demand for the company's cloud infrastructure for handling artificial intelligence (AI) workloads.