Oracle Corporation (ORCL)
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.
Oracle's stock soars as upbeat guidance, Google deal outweigh earnings miss
Oracle Corp. shares were shooting more than 9% higher in Tuesday's extended session after the company delivered upbeat guidance that seemed to overshadow an earnings miss for the latest quarter.
Oracle shares jump on Google and OpenAI deals despite earnings miss
Oracle's results came in a bit light, but it pointed to new business from Microsoft-backed OpenAI. The company will issue guidance on a conference call.
Oracle Q4 earnings: ‘continued strong AI demand to push $ORCL sales'
Oracle Inc is up 10% in extended hours even though it came in below revenue estimates for its fiscal fourth quarter. Why is Oracle stock up in after-hours?
Oracle misses quarterly revenue estimates
Oracle missed Wall Street expectations for fourth-quarter revenue on Tuesday, hurt by weaker client spending on its cloud services amid stiff competition and an uncertain economy.
How To Earn $500 A Month From Oracle Stock Ahead Of Q4 Earnings
Oracle Corporation ORCL will release earnings results for its fourth quarter, after the closing bell on Tuesday.
Academy Sports, Oracle And Other Top Stocks To Watch This Tuesday
With U.S. stock futures trading lower on Tuesday morning, some of the stocks that may grab investor focus today are as follows:
Oracle Earnings Preview: Watch Operating Margin For 'Peak Oracle'
Street consensus is expecting $1.65 in EPS in $14.56 billion in revenue for expected yoy growth of -1% and +5% respectively. Operating income is expected to come in at $6.65 billion for expected yoy growth of 8%. Oracle is not an expensive stock on a valuation basis, but as an enterprise software vendor trying to find a strategy for AI, the growth is better in Microsoft as you'd expect since Azure and the Intelligent Cloud were both better suited for the cloud than Oracle's offering.
Oracle Likely To Report Lower Q4 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Oracle Corporation will release earnings results for its fourth quarter, after the closing bell on Tuesday.
Quiet Day Ahead of Fed, Inflation This Week
Last month, we were greeted with a +3.4% Inflation Rate and +3.6% on core CPI year over year.
Should You Buy Oracle Stock Before June 11?
Oracle is capitalizing on the growing popularity of artificial intelligence.
