Oracle plans to open a third cloud region to help Spain's financial sector and other key industries increase resilience and take advantage of Oracle Cloud Infrastructure's high performance and built-in security, powerful data and AI, and distributed cloud capabilitiesTelefonica España to be the host partner for the regionMADRID and AUSTIN, Texas, June 20, 2024 /PRNewswire/ -- To meet the rapidly growing demand for its AI and cloud services in Spain, Oracle today announced plans to invest more than US $1 bil ...

Oracle database services running on Oracle Exadata Cloud Infrastructure are deployed directly in Microsoft Azure datacentersAUSTIN, Texas, June 20, 2024 /PRNewswire/ -- Oracle Autonomous Database is now generally available on Oracle Database@Azure in the Microsoft Azure East U.S. region. Oracle will operate and manage the Oracle Autonomous Database Cloud Service, the second Oracle database service to run on Oracle Cloud Infrastructure (OCI) in Azure datacenters. Oracle Autonomous Database helps customers ac ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Oracle. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

As investors navigate the ever-changing technology landscape, the question of whether to invest in Oracle (ORCL) has become increasingly compelling. ORCL has undergone significant transformations in recent years, transitioning from traditional on-premises solutions to cloud-based offerings.Oracle's growth prospects hinge significantly on the success of its cloud strategy. Its cloud offerings include infrastructure-as-a-service, platform-as-a-service, and software-as-a-service solutions. In fiscal 2024, Orac ...

Have you evaluated the performance of Oracle's (ORCL) international operations for the quarter ending May 2024? Given the extensive global presence of this software maker, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and trajectory of growth. For investors, ...

AI capabilities in Oracle APEX enable users who don't know SQL to execute a vector search in less than two minutesAUSTIN, Texas, June 17, 2024 /PRNewswire/ -- Oracle today announced new AI innovations in the latest release of the Oracle APEX low-code development platform. The new APEX AI Assistant simplifies application development and helps developers quickly build feature-rich, mission-critical applications at scale. Developers now can create applications by using natural language prompts to specify desir ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Oracle. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Cristi Croitoru Oracle (NYSE:ORCL) reported their fiscal Q4 ’24 financial results after the bell last Tuesday, June 11th, 2024, and while the numbers weren’t great (both revenue and EPS missed consensus estimates), the stock price reaction was notable, probably due to the growth in RPO (remaining performance obligation, which is likely a fancy term for backlog), and the deals with Google (GOOG, GOOGL) and Open AI, around OCI or Oracle Cloud Infrastructure. I have written quite a bit about Oracle over th ...

Oracle (NYSE:ORCL) is among the top AI and cloud computing companies that’s seeing incredible momentum of late. Now, it’s not Nvidia (NASDAQ:NVDA) like momentum. But up more than 30% year-to-date, with much of that upside taking place in recent weeks, it’s clear investors are jumping on this stock in a big way right now.The company’s cloud revenue surged by 25% in 2024, driven by the company’s core cloud services business emphasizing its advantages in autonomous databases and AI computing. This strategic sh ...

Should you buy the blue-chip tech giant or its higher-growth peer?Oracle (ORCL -1.23%) and Datadog (DDOG -1.42%) represent two ways to invest in the secular growth of the cloud and artificial intelligence (AI) markets. Oracle provides cloud-based database services, enterprise software, and generative AI services across its own cloud infrastructure platform. Datadog's platform collects diagnostic data from a company's servers, databases, and software in real time, and it aggregates all of that information on ...