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Why Is Oracle (ORCL) Up 1.2% Since Last Earnings Report?
ZACKS· 2024-07-11 16:31
A month has gone by since the last earnings report for Oracle (ORCL) . Shares have added about 1.2% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Oracle due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Oracle Q4 Earnings Miss Estimates, Revenues Rise Y/YOracle re ...
Oracle Announces Exadata Exascale, World's Only Intelligent Data Architecture for the Cloud
Prnewswire· 2024-07-11 15:00
With up to 95 percent reduction in infrastructure costs, organizations of any size can now benefit from using Oracle ExadataNew service unites the best of Exadata's database intelligent architecture and cloud elasticity to deliver extreme performance for AI, analytics, and mission-critical workloads at any scaleAUSTIN, Texas, July 11, 2024 /PRNewswire/ -- Oracle today announced the general availability of Exadata Exascale, an intelligent data architecture for the cloud that provides extreme performance for ...
Global Organizations Boost Growth with Oracle Cloud VMware Solution
Prnewswire· 2024-07-10 15:00
Ahold Delhaize, Hitachi Construction Machinery, Lemtrans, and Mazda Motors Logistics Europe N.V. move their business-critical VMware environments to Oracle Cloud VMware Solution  Latest OCI Compute with AMD, Intel, and NVIDIA processors give Oracle Cloud VMware Solution customers greater scale, performance, and address new use cases like virtual desktops and AI and ML AUSTIN, Texas, July 10, 2024 /PRNewswire/ -- Global organizations across industries including Ahold Delhaize, Hitachi Construction Machinery, ...
Oracle (ORCL) Partners With Palantir to Accelerate AI Adoption
ZACKS· 2024-07-10 13:15
Oracle (ORCL) has announced a significant collaboration with Palantir Technologies (PLTR) , marking a new chapter in the realm of cloud computing and artificial intelligence (AI). The tech giant revealed that Palantir's Foundry Platform and Artificial Intelligence Platform (AIP) have been certified on Oracle Cloud Infrastructure ("OCI") and are now generally available across all of Oracle's distributed cloud deployment options. This partnership aims to leverage Oracle's robust distributed cloud, AI infrastr ...
Oracle Advances Safety Case Management for Life Science Organizations
Prnewswire· 2024-07-10 12:00
New Oracle Argus and Safety One Intake enhancements make it easier for pharmacovigilance teams to increase efficiency and address global regulatory complianceAUSTIN, Texas, July 10, 2024 /PRNewswire/ -- Oracle today announced new capabilities in its AI-supported Oracle Argus and Safety One Intake solutions to help life science organizations meet evolving regulatory requirements and the rising volume of adverse event case workloads. With new enhancements designed to increase productivity, improve data privac ...
Watch These Oracle Stock Price Levels as Talks With Elon Musk's xAI End
Investopedia· 2024-07-10 02:45
Key TakeawaysOracle shares shed 3% on Tuesday after a report from The Information said that talks between the computing giant and Elon Musk's xAI over a potential $10 billion server deal had ended.A bearish engulfing pattern has appeared on the Oracle the chart, a two bar price formation which indicates slowing upward momentum and a potential reversal.Oracle shares may encounter support at key levels including $134, $127.50, and $117. Oracle (ORCL) shares shed 3% on Tuesday after a report from The Informati ...
Why Oracle Stock Could Surge 25% by 2025
Investor Place· 2024-07-09 10:40
At the end of last month, concerns about a possible U.S. ban of ByteDance’s TikTok led to a small slide for Oracle (NASDAQ:ORCL) stock. This month, however, Oracle stock has bounced back. TikTok worries no longer affect price performance.Rather than being at risk of a sharp reversal, shares in this leading enterprise software and cloud computing company may have more room to run than other large and mega-cap tech stocks that have already gone “to the moon” thanks to the generative AI growth trend.Don’t get ...
Oracle Upgrades Quotation to OTCQB Under "ORLCF"
Newsfile· 2024-07-08 16:45
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2024) - Oracle Commodity Holding Corp. (TSXV: ORCL) (OTCQB: ORLCF) ("Oracle" or the "Company") is pleased to announce that the quotation of the Company's common shares have been upgraded to the OTCQB in the United States effective July 8, 2024.Investors can find quotes and current financial disclosures for the Company on https://www.otcmarkets.com/stock/ORLCF/overview.About Oracle Commodity Holding Corp.Oracle Commodity Holding Corp. is a mining royalt ...
Oracle Is Navigating the AI Revolution With Cloud Momentum
Gurufocus· 2024-07-08 13:01
Oracle Corp. (ORCL, Financial), a global leader in enterprise software and cloud computing solutions, was founded in 1977. The company excels in developing and marketing database software and technology, cloud-engineered systems and enterprise software products, particularly its own brands of database management systems. Originally an enterprise software database giant, Oracle has transitioned to the cloud over the past 10 to 15 years and is now poised to tackle the artificial intelligence revolution. As su ...
Hitachi Construction Machinery Drives Digital Transformation by Moving Large-scale Systems to Oracle Cloud Infrastructure
Prnewswire· 2024-07-01 15:00
Oracle Cloud VMware Solution and Oracle Exadata Database Service help ensure fast and reliable cloud migration of mission-critical systems The company has reduced operating costs by 20 percent while improving performance in other key areas AUSTIN, Texas, July 1, 2024 /PRNewswire/ -- Oracle today announced that Hitachi Construction Machinery Co., Ltd. has selected Oracle Cloud Infrastructure (OCI) to migrate its large-scale, mission-critical business systems for accounting, development, production, design, s ...