The Latest Breaking News from ORCL

Oracle Corporation (NYSE:ORCL) reported third-quarter FY22 sales growth of 4% year-over-year to $10.513 billion, in line with the consensus of $10.51 billion. Adjusted EPS $1.13, missing the consensus estimates of $1.18. Cloud services and license support revenues were up 5% in USD and up 8% in constant currency to $7.6 billion. Cloud license…

TikTok is close to forging a deal for Oracle Corp (NYSE:ORCL) to store its U.S. users' information without its Chinese parent ByteDance having access to it, Reuters reports. Oracle will store all of TikTok's U.S. user data on Oracle data servers under the new proposed partnership.  Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Cloud currently stores…

In addition to inflationary pressure, economic sanctions imposed on Russia by various countries and corporations in response to Russia’s invasion of Ukraine have exacerbated volatility in the global markets. As investors seek to avoid that volatility and generate stable returns, we think high-quality mega-cap stocks Pfizer (PFE), Cisco (CSCO), Abbott…

If history is any guide, there may be trouble ahead for shares of Oracle (NYSE:ORCL). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Over the past 3 months, 9 analysts have published their opinion on Oracle (NYSE:ORCL) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

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.