Oracle(ORCL)

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Oracle Expands Multicloud Capabilities with AWS, Google Cloud, and Microsoft Azure
Prnewswire· 2024-09-11 18:30
Oracle Database services running on Oracle Cloud Infrastructure are deployed directly in AWS, Google Cloud, and Microsoft Azure data centersLAS VEGAS, Sept. 11, 2024 /PRNewswire/ -- Oracle CloudWorld -- Oracle is collaborating with AWS, Google Cloud, and Microsoft Azure to help customers accelerate their application migrations and modernizations. Oracle Database@AWS, Oracle Database@Azure, and Oracle Database@Google Cloud give customers direct access to Oracle Database services running on Oracle Cloud Infra ...
Oracle ETFs to Buy Post Robust Fiscal Q1 Earnings
ZACKS· 2024-09-11 17:00
Oracle (ORCL) reported robust first-quarter fiscal 2025 results on Monday after the bell, outpacing earnings and revenue estimates. The growing demand for artificial intelligence is driving growth in its cloud computing sector. Oracle shares spiked as much as 15% to a record in yesterday's trading session.Investors seeking to tap the strength should consider ETFs having the largest exposure to this software giant. These include Pacer Data and Digital Revolution ETF (TRFK) , iShares Expanded Tech-Software Se ...
What Makes Oracle (ORCL) a Strong Momentum Stock: Buy Now?
ZACKS· 2024-09-11 17:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
Oracle Hits Record High: Should You Invest After Q1 Cloud Success?
ZACKS· 2024-09-11 16:16
Oracle (ORCL) , the tech giant known for its database software and cloud computing services, has reached a new milestone as its stock surged 15% to hit a record high of $160.52 a share following the release of its first-quarter fiscal 2025 results. The surge in share price was primarily driven by impressive growth in the company's cloud division wherein demand for cloud infrastructure continued to outpace supply in the quarter, leaving investors wondering if now is the right time to ride Oracle's success st ...
Oracle (ORCL) Crossed Above the 20-Day Moving Average: What That Means for Investors
ZACKS· 2024-09-11 14:35
From a technical perspective, Oracle (ORCL) is looking like an interesting pick, as it just reached a key level of support. ORCL recently overtook the 20-day moving average, and this suggests a short-term bullish trend.A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages.Like ot ...
Oracle Adds Powerful New AI Capabilities Across Oracle Fusion Cloud Applications Suite
Prnewswire· 2024-09-11 13:20
New AI-powered capabilities embedded in Oracle Fusion Applications help organizations optimize finance, supply chain, HR, sales, marketing, and service LAS VEGAS, Sept. 11, 2024 /PRNewswire/ -- Oracle CloudWorld -- Oracle today announced new AI capabilities within the Oracle Fusion Cloud Applications Suite that will help customers successfully execute complex tasks, automate workflows, and drive efficiency. Extending the comprehensive generative AI capabilities already embedded across the suite, the latest ...
Oracle AI Agents Help Organizations Achieve New Levels of Productivity
Prnewswire· 2024-09-11 13:18
New specialized AI agents embedded in Oracle Fusion Cloud Applications help organizations reimagine how work is done across finance, supply chain, HR, sales, marketing, and service LAS VEGAS, Sept. 11, 2024 /PRNewswire/ -- Oracle CloudWorld -- Oracle today announced 50+ role-based AI agents within the Oracle Fusion Cloud Applications Suite that will help successfully execute frequent, repetitive tasks and allow employees and managers to focus their time on more strategic tasks and initiatives. Powered by th ...
Oracle Offers First Zettascale Cloud Computing Cluster
Prnewswire· 2024-09-11 13:16
New AI supercomputer, the largest in the cloud, to deliver up to 131,072 NVIDIA GPUs to enable customers to build, train, and inference AI at scaleLAS VEGAS, Sept. 11, 2024 /PRNewswire/ -- Oracle CloudWorld -- Oracle today announced the first zettascale cloud computing clusters accelerated by the NVIDIA Blackwell platform. Oracle Cloud Infrastructure (OCI) is now taking orders for the largest AI supercomputer in the cloud – available with up to 131,072 NVIDIA Blackwell GPUs."We have one of the broadest AI i ...
Oracle Helps Customers Build Smart and Responsive Supply Chains
Prnewswire· 2024-09-11 13:14
New user experience enhancements in Oracle Fusion Cloud SCM increase productivity, expand visibility, and accelerate supply chain processesLAS VEGAS, Sept. 11, 2024 /PRNewswire/ -- Oracle CloudWorld -- To help organizations build smart and responsive supply chain operations, Oracle today announced new user experience (UX) enhancements within Oracle Fusion Cloud Supply Chain & Manufacturing (SCM). The latest updates help customers leverage AI to increase workforce productivity, expand visibility, accelerate ...
Oracle Helps Customers Accelerate Progress on Sustainability Initiatives with Oracle Fusion Cloud Sustainability
Prnewswire· 2024-09-11 13:12
New offering within Oracle Fusion Cloud Applications Suite helps business leaders streamline reporting, expand insights, and improve decision-making at no additional costLAS VEGAS, Sept. 11, 2024 /PRNewswire/ -- Oracle CloudWorld -- Oracle today announced Oracle Fusion Cloud Sustainability, a new application within Oracle Fusion Cloud Applications Suite that helps organizations efficiently manage and report on sustainability initiatives. Offered to customers at no additional cost, Oracle Fusion Cloud Sustai ...