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Oracle Corp. today disclosed that it has won a cloud contract worth more than $30 billion annually. Shares of the company jumped almost 9% on the news at one point. It ended the trading session up 4%.
Over the past few days, many investors gazed into the future of database king Oracle (ORCL 3.18%) and liked what they saw. On the back of positive remarks from the company's CEO and bolstered by ...
Earnings vs. Forecast Oracle’s actual EPS of $1.70 exceeded the forecast of $1.64, marking a positive surprise of approximately 3.7%. The revenue also surpassed expectations, coming in at $15.9 ...
Larry Ellison says Oracle will build “more cloud infrastructure data centers than all its infrastructure competitors combined." Ellison, Oracle's founder and CTO, made the bold claim on the company's ...
ORCL Price Action: Oracle shares were up 13.6% at $200.40 at the time of publication Thursday, according to Benzinga Pro. Oracle stock has now gained approximately 20% over the past three months.
KeyBanc said Oracle’s growth projections were “stunning” in a note to clients following the company’s quarterly results and raised its price target to $225 from $200. 1 The bank pointed to ...
Oracle Corp (NYSE:ORCL) reported double-digit revenue growth in Q4, with total revenue and EPS exceeding guidance. The company's cloud transition has reached a tipping point, with cloud revenue ...
Oracle shares rose to a record high on Thursday, moving co-founder Larry Ellison ahead of a pair of other ultra-rich tech leaders for the spot of world's second-richest person.
Oracle has received a total of 14 ratings from analysts, with the consensus rating as Neutral. With an average one-year price target of $180.21, the consensus suggests a potential 1.73% upside.
Can Oracle keep climbing? While the stock was mostly flat over the remainder of June, the company did have some good news to share toward the end of the month, saying in a filing that it was is ...
Oracle is an enterprise software vendor based in Austin, Texas. It specializes in database software and enterprise software products, including enterprise resource planning (ERP), human capital ...
Alphabet has appointed Kobi Bar-Nathan as CFO of Google Cloud, which saw a 28% revenue increase in Q1 2025, reaching $12.3 billion. Bar-Nathan's experience at Oracle and Microsoft Cloud will be ...
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