Oracle (ORCL)  shares have soared over +10% in today’s trading session after the cloud provider was able to exceed top and bottom line expectations for its fiscal first quarter on Monday evening.As one of the top-performing tech stocks this year, ORCL has risen nearly +50% YTD and investors may be wondering if they should buy into the post-earnings rally.Image Source: Zacks Investment ResearchOracle’s Q1 ResultsCloud infrastructure revenue growth was the main catalyst for Oracle’s strong Q1 results. This in ...

Oracle is designing a data center that will require more than a gigawatt of electricity, the company's chairman said. The data center would be powered by three small nuclear reactors, he added."Let me say something that's going to sound really bizarre," Ellison told analysts. "Well, you'd probably say, well, he says bizarre things all the time, so why is he announcing this one. It must be really bizarre."The electricity demand from artificial intelligence is becoming so "crazy" that Oracle is looking to sec ...

Abstract Aerial Art Oracle (NYSE:ORCL) kick-started its fiscal year 2025 yesterday, reporting 1QFY25 results and outlook, causing the stock to shoot higher in extended trading on a top and bottom-line beat in addition to an announcement of a partnership with Amazon's (AMZN) AWS. We're upgrading the stock to a buy after yesterday's results as we now think our thesis of "near-term challenges for Oracle's top-line growth due to softer enterprise, service provider, and government spending" has come and passed; ...

BofA Securities analyst Justin Post maintained a Buy rating on Amazon.Com Inc AMZN with a price target of $210.The re-rating followed Oracle Corp ORCL and Amazon Web Services’ new partnership, which connects Oracle’s Autonomous Database & Exadata Database and AWS applications.AWS customers would benefit from more seamless access to their data, simplified database administration, billing, and unified customer support, Post noted.Also Read: Amazon Targets Walmart’s Grocery Market with Expanded Prime Discounts ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

REDWOOD CITY, CA - MARCH 20: Pedestrians pass the Oracle Corp. headquarters March 20, 2006 in ... [+] Redwood City, California. Oracle Corp.?s quarterly profit increased 42 percent, earning $765 million, or 14 cents per share compared to $540 million, or 10 cents per share, the same time last year. (Photo by Justin Sullivan/Getty Images)Getty ImagesOracle shares have risen 50% in 2024 after Monday’s boffo earnings report. That increase is far more compelling than the rise in shares of Amazon (+17%), Apple ( ...

Oracle (ORCL) reported first-quarter fiscal 2025 non-GAAP earnings of $1.39 per share, which beat the Zacks Consensus Estimate by 5.3% and increased 16.8% year over year. At constant currency (cc), earnings increased 18% year over year.Revenues rose 6.9% (up 8% at cc) year over year to $13.3 billion and beat the Zacks Consensus Estimate by 0.68%, driven by continued momentum from its Oracle Cloud Infrastructure (“OCI”) business, including from winning cloud-computing contracts from AI-focused startups. Shar ...

Oracle continues to see strong demand for its AI infrastructure, which is fueling Nvidia's growth potential.In today's video, I discuss Nvidia (NVDA 0.51%) and Oracle (ORCL 12.02%). Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of September 9, 2024. The video was published on September 9, 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. At last glance, the shares were up 12.5% at $157.39 -- earlier as high as $160.52. ORCL attracted at least 15 price-target hikes in response, including one from Mizuho to $185 from $170.Options traders are rushing the equity as well. So far this morning, 130,000 calls and 99,000 puts have crossed the tape, which is already 17 times the stock's average daily optio ...

Oracle TodayORCLOracle$156.90 +17.01 (+12.16%) 52-Week Range$99.26▼$160.17Dividend Yield1.02%P/E Ratio42.29Price Target$146.30Add to WatchlistOracle 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 to Internet infrastructure, the cloud, and AI, which is accelerating revenue and earnings growth. The critical detail is that its shift from products to cloud services was ...