Financial Results - Oracle Corporation is set to release its third-quarter financial results on March 10, with analysts expecting earnings of $1.49 per share, an increase from $1.41 per share in the same period last year [1] - The projected quarterly revenue is $14.4 billion, compared to $13.28 billion a year earlier [1] Product Developments - At the Oracle Customer Edge Summit, the company announced new AI agent features integrated into the Oracle Textura Payment Management Cloud Service [2] - Oracle shares increased by 2.8%, closing at $155.16 on the previous Friday [2] Analyst Ratings - Guggenheim analyst John Difucci has a Buy rating with a price target of $220, while JMP Securities analyst Patrick Walravens has a Market Outperform rating with a price target of $205 [4] - Cantor Fitzgerald analyst Thomas Blakey initiated coverage with an Overweight rating and a price target of $214 [4] - Citigroup analyst Tyler Radke maintained a Neutral rating, raising the price target from $157 to $194, and UBS analyst Karl Keirstead maintained a Buy rating, increasing the price target from $200 to $210 [4]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Oracle's Federal Electronic Health Record experienced a nation-wide outage on Tuesday, the Department of Veterans Affairs confirmed to CNBC.The agency said "all users" of the company's Federal EHR, including the VA, the Department of Defense, the U.S. Coast Guard and the National Oceanic and Atmospheric Administration, were impacted. Six VA medical centers, 26 community clinics, and remote VA sites experienced disruptions, the agency said. "Affected VA medical facilities followed standard contingency proced ...

Dublin, March 06, 2025 (GLOBE NEWSWIRE) -- The "Hyperscale Data Center Market by Power Capacity (10-50 MW, 50-100 MW, Above 101 MW), IT Infrastructure (Server, Storage, Network), Electrical Infrastructure (PDUs, UPS Systems), Mechanical Infrastructure (Cooling Systems, Rack) - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.The global hyperscale data center market will grow from USD 162.79 billion in 2024 to USD 608.54 billion by 2030 at a compounded annual growth rate ( ...

The upcoming report from Oracle (ORCL) is expected to reveal quarterly earnings of $1.48 per share, indicating an increase of 5% compared to the year-ago period. Analysts forecast revenues of $14.36 billion, representing an increase of 8.1% year over year.The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Ahead of a comp ...

Mobile AI agent used across 30+ specialty areasLAS VEGAS, March 4, 2025 /PRNewswire/ -- HIMSS -- The Oracle Health Clinical AI Agent, an AI-powered, multimodal voice and screen driven assistant, is now available for more than 30 medical specialty areas including urgent care, sports medicine, nephrology, pulmonology, urology, gastroenterology, hepatology, cardiology, otolaryngology, internal medicine, and behavioral health. On average, physicians using Oracle Health Clinical AI Agent are seeing a nearly 30% ...

New capabilities in Oracle's health system operations suite give hospitals the agility to make fast, effective decisions to support patients and staff during traumatic events  LAS VEGAS, March 4, 2025 /PRNewswire/ -- HIMSS -- New capabilities in Oracle's health system operations suite, including Oracle Health Patient Flow, Oracle Health Clinical Operations Whiteboard, Oracle Health Transfer Center, and Oracle Health Command Center Dashboard, are empowering health systems to act quickly and effectively in em ...

The hot artificial intelligence (AI) sector caused many stocks to soar. Among these are veteran tech firm Oracle (ORCL -2.43%) and semiconductor giant Nvidia (NVDA -8.69%).Oracle shares are up about 54% over the past 12 months through Feb. 26. Nvidia stock gained 70% over that time. Both are poised to rise higher since each company was chosen to participate in the U.S. government's Stargate program, which plans to invest half a trillion dollars into AI infrastructure.But if you had to choose just one of the ...

Earnings Results to be released on March 10, 2025, After the Close of the Market AUSTIN, Texas, March 3, 2025 /PRNewswire/ -- Oracle Corporation today announced that its third quarter fiscal year 2025 results will be released on Monday, March 10th, after the close of the market. Oracle will host a conference call and live webcast at 4:00 p.m. Central Time to discuss the financial results. The live webcast will be available on the Oracle Investor Relations website at www.oracle.com/investor.  About Oracle Or ...

Utility relies on Oracle technology to become first Texas municipal utility to opt in to retail electric competitionNASHVILLE, Tenn., March 3, 2025 /PRNewswire/ -- Oracle Customer Edge Summit -- With support from Oracle, Lubbock Power & Light (LP&L) is transforming the way it offers electricity services to its customers. After more than 108 years as the municipal electric provider for the City of Lubbock, the utility has transitioned its business model to retail electric competition backed by Oracle's utili ...