The Latest Breaking News from Oracle

Upgrades

It will take much longer to implement the new system than originally planned due to the pandemic

REDWOOD CITY, California — A tech titan and a biotech company revealed plans to chop nearly 300 jobs in the Bay Area, hinting at unsettling prospects for the region’s employment sector.

The Fed’s hawkish rate hikes and growing recession fears have caused a massive sell-off in the tech sector this year. However, the industry is expected to witness solid long-term growth with increasing global tech spending. Hence, fundamentally sound tech stocks Oracle Corporation (ORCL), Adobe (ADBE), and Rimini Street (RMNI) might…

Recessionary fears loom over the economic backdrop. However, bargains might still be found in the market. We believe fundamentally sound stocks Rimini Street (RMNI), Civeo Corporation (CVEO), Genie Energy (GNE), Comcast Corporation (CMCSA), and Kroger (KR) might be wise buys under $50 right now. Read on….

Oracle (ORCL) was recently fined $23 million by the SEC for violating the provisions of the FCPA. However, analysts are bullish on its growth prospects. So, should you invest in the stock now? Read on to learn our view….

Someone with a lot of money to spend has taken a bearish stance on Oracle (NYSE:ORCL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Widespread digitization, automation, and increasing spending on tech upgrades should keep driving the software industry’s growth. While the tech industry has been witnessing a massive sell-off, we think Rimini Street (RMNI) is well-positioned to capitalize on the industry’s long-term growth prospects based on its fundamental strength. However, fundamentally weak software…

Someone with a lot of money to spend has taken a bearish stance on Oracle (NYSE:ORCL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Fundamentally strong growth stocks like Oracle (ORCL) have got hammered since the beginning of the year due to the Fed’s aggressive interest rate hikes. ORCL is down more than 25% year-to-date. However, this fall gives long-term investors a chance to accumulate this stock, given the strong growth prospects of cloud…

Elon Musk's takeover of Twitter went down via private text messages between the Tesla CEO and a small circle of Silicon Valley's rich and powerful, according to court filings released this week.