Key TakeawaysAfter a recent runup powered by an AI-fueled outlook, database giant Oracle has become the best-performing tech stock in the S&P 500, trailing only AI chipmaker Nvidia.Wall Street analysts are divided on Oracle's stock amid concerns its growth story could hinge on its ability to ride the AI boom. Some analysts warned Oracle’s “aggressive” growth targets could leave the company little room for error. Could Oracle (ORCL) be this year’s next big AI-fueled hypergrowth story?  It's already had a blo ...

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This tech player is on track to prosper in the artificial intelligence market.Nvidia (NVDA 3.97%) has been the stock everyone is talking about for quite some time -- and for good reason. The company dominates the artificial intelligence (AI) chip niche with a market share of about 80%, and this has translated into record earnings. Even better, Nvidia's focus on innovation means its dominance is likely to last.That said, Nvidia's stock isn't cheap, and it has lost some ground recently. It's down by about 7% ...

New capabilities prioritize safety, enhance information access, and help reduce the time it takes to do common tasks so clinicians can alleviate burnout and elevate patient careAUSTIN, Texas, Sept. 18, 2024 /PRNewswire/ -- Oracle Health continues to deliver electronic health record (EHR) innovations that help clinicians streamline routine tasks and deliver more efficient, informed patient care. With the new capabilities, caregivers can more quickly and easily update and access critical patient information f ...

Core Insights - The discussion revolves around the expectations and dependencies on artificial intelligence (AI) by the year 2029, highlighting the importance of AI in achieving certain targets [1] Group 1 - The dependency on AI is projected to significantly increase by 2029, indicating a critical role in future developments [1]

AI has unlocked a new growth driver for this technology company.Nvidia has been a bellwether in the artificial intelligence (AI) space thanks to its graphics processing units (GPUs) that have played a crucial role in the training and deployment of AI models. But the stock has fallen out of favor of late as investors are worried about its slowing growth.This is evident from the fact that the stock is down 5% since releasing its fiscal 2025 second-quarter results on Aug. 28. The chipmaker's quarterly revenue ...

Oracle Health delivers free code to enable organizations to securely access a Veteran's health history to help ensure timely and accurate treatment no matter where care is receivedAUSTIN, Texas, Sept. 17, 2024 /PRNewswire/ -- Oracle Health today released new code that will enable its customers to support the Veteran Interoperability Pledge. A framework that allows US Department of Veterans Affairs (VA) and community providers to securely share patient health information, the Pledge supports the care of Vete ...

Tech stocks have delivered remarkable returns in 2024, with investors regularly clamoring for exposure. One of those stocks in particular, Oracle (ORCL) , recently delivered quarterly results that caused shares to melt higher post-earnings.The company offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. Up more than 60% in 2024, the company’s quarterly results have regularly brought post-earnings fireworks, as shown below.Image Source: Zacks Investment Researc ...

New release delivers 12 JDK Enhancement Proposals that help developers increase productivity by improving the Java language Enhancements to the platform's performance, stability, and security help organizations accelerate business growthJava Management Service 9.0 and Graal JIT Compiler help organizations manage Java applications and improve peak performance AUSTIN, Texas, Sept. 17, 2024 /PRNewswire/ -- Oracle today announced the availability of Java 23, the latest version of the world's number one programm ...

Key TakeawaysOracle shares will likely remain in focus on Tuesday after jumping more than 5% to a new record high yesterday following recent bullish coverage from investment firms.Gains in the stock accelerated last week on the highest trading volume since mid-December, though the relative strength index indicates overbought conditions, potentially leading to short-term profit taking.Investors should monitor key retracement levels on Oracle's chart at $145 and $127.A bars pattern price target, which extract ...