The Latest Breaking News from ORCL

The infrastructure software industry has been booming over the past two years owing to sustained demand driven by increased internet penetration, accelerated digital transformation, the adoption of advanced IT technologies, and increased enterprise IT spending on software infrastructure. Given the industry tailwinds, we think it could be wise to add…

The stock market began the week on a positive note, with traders buying technology shares, shrugging off concerns about an impending recession. This activity has been driven in-part by the decline in stock valuations in the first quarter, which provides an attractive tech-buying opportunity. Hence, we think mega-cap tech stocks…

Over the past 3 months, 6 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.

The stock market has stumbled dramatically due to record-high inflation, Russia’s invasion of Ukraine, surging volatility, and the Fed’s hawkish stance. But the market downturn has created opportunities for long-term investors to buy quality mega-cap stocks Taiwan Semiconductor (TSM), Visa (V), and Oracle (ORCL) at reasonable prices. So, read on.

The ongoing sell-off in equity markets has dragged large-cap stocks, such as Oracle (ORCL) and SAP (SAP), significantly lower in 2022. However, due to this sell-off, you can now consider buying these stocks at a lower multiple, as they continue to expand profit margins and drive top-line growth in the…

Analysts slashed their price targets on Oracle Corp (NYSE:ORCL) post Q3 results. Piper Sandler analyst Brent Bracelin downgraded to Underweight from Neutral with a PT of $70 (8.7% downside), down from $100.  Bracelin found it challenging to reach double-digit organic growth next year, sustaining a cloud shift considering more than 70% of revenue came from the…

Oracle (NYSE:ORCL) reported its Q3 earnings results on Thursday, March 10, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Oracle missed estimated earnings by 4.24%, reporting an EPS of $1.13 versus an estimate of $1.18.

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…

Oracle (NYSE:ORCL) has outperformed the market over the past 20 years by 2.73% on an annualized basis.

Oracle (NYSE:ORCL) is set to give its latest quarterly earnings report on Thursday, 2022-03-10. Here's what investors need to know before the announcement. Analysts estimate that Oracle will report an earnings per share (EPS) of $1.18.