Why Oracle Stock Is Soaring Today

11:52am, Tuesday, 10'th Sep 2024
Oracle beat sales and earnings expectations in fiscal Q1. Management issued solid performance guidance for the current quarter.
ORCL's fiscal first-quarter performance benefits from cloud revenue growth and a steady adoption of strategic cloud applications, autonomous database and OCI.
The retail/cloud company has avoided a September selloff so far.
Oracle continues to see strong demand for its AI infrastructure, which is fueling Nvidia's growth potential.

Record Highs for Oracle Stock After Earnings

10:56am, Tuesday, 10'th Sep 2024
Cloud stock Oracle Corp (NYSE:ORCL) is soaring to all-time highs today, following the company's better-than-expected fiscal first-quarter results.
Oracle NYSE: ORCL will have to triple in value to hit the $1 trillion mark and have a valuation on par with today's Magnificent 7, but it can do it. Its FQ1/CQ3 results reveal its growing importance t
The cloud company shined enough in earnings to climb to a new all-time high Tuesday. Robert Cantwell argues more needs to be done for Oracle (ORCL) to break out of its "number four" position in the A.
Oracle (ORCL) soars to all-time highs after a positive earnings report. Tesla (TSLA) shares revved higher after getting a positive price target from Deutsche Bank, while big banks will reportedly fron
While Oracle's outlook for the current quarter was in line with expectations, the company could boost its fiscal 2026 outlook at Thursday's investor day.
Organizations benefit from a fully managed RAG service with support for Oracle Database 23ai AI Vector Search without manual integration OCI Generative AI now provides access to Meta's Llama 3.1 model
Leveraging Oracle Database 23ai technologies and assisted by AI, developers can focus on building app functionality instead of data infrastructure needs Oracle Autonomous Database on Oracle Database 2
OCI Zero Trust Packet Routing enables organizations to decouple network configuration from network security to help prevent data breaches that result from human error LAS VEGAS , Sept. 10, 2024 /PRNew
Oracle Code Assist is now available in beta to help boost developer velocity OCI Kubernetes Engine enhancements help organizations train and deploy AI models at scale LAS VEGAS , Sept. 10, 2024 /PRNew
Oracle Intelligent Data Lake will include open data formats, a unified catalog, and modern developer experiences for building rich data intelligence solutions LAS VEGAS , Sept. 10, 2024 /PRNewswire/ -
People Leader Workbench and Supply Chain Command Center intelligent applications will help customers make smarter and faster business decisions LAS VEGAS , Sept. 10, 2024 /PRNewswire/ -- Oracle CloudW
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