Oracle (NYSE:ORCL) usually isn’t the first company that gets mentioned in discussions about artificial intelligence technology, but it’s benefiting from demand for AI-compatible cloud-computing infrastructure. Even though Oracle stock is in rally mode, it’s not too late to take a share position.In April, I identified Oracle as an overlooked AI powerhouse that investors should pay attention to. Since then, the Oracle share price has moved substantially higher.Now, it’s time to look at $200 as a realistic pri ...

Stock market trends come in many forms, but this article will focus on the price trend. A trend is a general direction in which something develops; in the case of investing, the upward price trend is essential. Like they say, it pays to trade with your friend; the trend is your friend. This article looks at three stocks with impressive price trends set up for gains in the second half. Each fires a trend-following signal that investors can copy. The signals include price action, volume, moving averages, and ...

If the U.S. government bans TikTok, it could be a major blow to Oracle.It was a big coup for Oracle (ORCL -0.68%) to become the cloud technology provider for ByteDance's TikTok back in late 2020. The social media app with ties to the Chinese government has become quite popular and it helps generate significant usage fees. TikTok being banned by government regulators from operating in the U.S. could be a big blow to Oracle's revenue stream. Let's look at the impact of a TikTok ban on Oracle and whether inves ...

wellesenterprisesOracle Is Like Two Different Companies *Guidance midpoint (Oracle quarterly reports)Oracle (NYSE:ORCL) is similar to Amazon (AMZN) in the sense that they have a very good cloud business, and then there’s the rest of the company. Oracle Cloud grew at 20% YoY in the quarter, but the rest of the company shrank by 5%. All that works out to revenue up 3% YoY for the quarter, and up 6% in the Q1 guidance shown at the right of the chart. Cloud is starting to take over their operating statemen ...

Oracle (ORCL) has gained 32% year to date, outperforming the Zacks Computer and Technology sector’s growth of 22.4%.This outperformance can be attributed to the constant innovations in the healthcare sector, which is expected to continue and aid long-term growth.This Zacks Rank #3 (Hold) company recently introduced the Oracle Health Insurance Data Exchange Cloud Service, a new SaaS solution designed to simplify and modernize data exchange for healthcare insurers. This service enables insurers to onboard evo ...

Customers can build generative AI applications without AI expertise, data movement, or additional costHeatWave GenAI is 30X faster than Snowflake, 18X faster than Google BigQuery, and 15X faster than Databricks for vector processingAUSTIN, Texas, June 26, 2024 /PRNewswire/ -- Oracle today announced the general availability of HeatWave GenAI, which includes the industry's first in-database large language models (LLMs), an automated in-database vector store, scale-out vector processing, and the ability to hav ...

These tech giants' stocks are in fine form this year as they benefit from the growing adoption of AI.The proliferation of artificial intelligence (AI) turned out to also be a boon for some legacy tech companies looking for their next big growth driver. Stalwarts like Oracle (ORCL -0.52%) and Dell Technologies (DELL 2.03%) have gained impressive momentum on the stock market of late.Share prices of Oracle, which made its name selling database software, are up 34% so far in 2024. Dell Technologies, which is in ...

Across the United States, many people are still wondering whether TikTok will be banned in the country. Indeed, the popular content-creation app is facing an uncertain future after President Joe Biden signed a bill decreeing that ByteDance — the platform’s Chinese parent company — will have to either sell the platform or face a U.S. ban. But its not just teenagers who are hoping that a TikTok ban can be averted.Oracle (NYSE:ORCL) has made it clear that such a policy would severely impact its bottom line. Th ...

Software giant Oracle warned investors that a US ban of TikTok will likely damage its bottom line if it takes effect.In April, Congress passed a bill that would require TikTok’s Beijing-based parent ByteDance to divest from the app entirely within 12 months or face a total US ban.Oracle, co-founded and chaired by billionaire tech executive Larry Ellison, said the law “will make it unlawful to provide internet hosting services to TikTok,” Oracle said in its annual report published Monday. 4 Congress passed ...

Oracle (ORCL) has announced the general availability of its Clinical Digital Assistant for ambulatory clinics in the United States, marking a significant step in the integration of artificial intelligence (AI) into healthcare practices. This new offering aims to revolutionize the doctor-patient interaction by leveraging generative AI, clinical intelligence and multimodal assistance to streamline workflow and reduce administrative burden on healthcare providers.The Clinical Digital Assistant, integrated with ...