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Oracle Commodity Holding Corp. Closes Private Placement for Gross Proceeds of $548,350
Newsfile· 2024-06-13 18:11
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2024) - Oracle Commodity Holding Corp. (TSXV: ORCL) (OTC Pink: ORLCF) ("Oracle" or the "Company") is pleased to announce that it has closed a non-brokered private placement raising gross proceeds of $548,350 through the issuance of 4,985,000 units (the "Units") at a price of $0.11 per Unit. Each Unit consists of one common share of the Company (a "Share") and one share purchase warrant (the "Warrant") with each Warrant entitling the holder to purchase ...
U.S. Department of Veterans Affairs Extends Oracle EHR Modernization Contract
Prnewswire· 2024-06-13 17:12
Organizations reaffirm their commitment to deliver a modern commercial EHR solution to help improve care for our nation's veteransAUSTIN, Texas, June 13, 2024 /PRNewswire/ -- Oracle and the U.S. Department of Veterans Affairs (VA) will continue to work together to deliver a modern electronic healthcare record (EHR) solution that provides a secure and interoperable medical record for our nation's veterans. The contract extension is a testament to the progress Oracle and VA have made to fortify the EHR system ...
Is It Too Late to Buy Oracle Stock in 2024?
The Motley Fool· 2024-06-13 15:35
Oracle stock is up 35% this year.In this video, I will be talking about Oracle (ORCL 0.55%), the recent earnings report, and a couple of comments from management.*Stock prices used were from the trading day of June 12, 2024. The video was published on June 13, 2024. ...
Panasonic Information Systems Selects Oracle Cloud Infrastructure to Drive Modernization of Internal Systems Across the Group
Prnewswire· 2024-06-13 15:00
Panasonic Group's IT subsidiary completes migration of one of its largest internal systems, its sales data analytics system, to Exadata Database Service Successfully reduces database infrastructure cost by 50 percent in the first phase AUSTIN, Texas, June 13, 2024  /PRNewswire/ -- Panasonic Information Systems Co., Ltd. (Panasonic IS), the IT subsidiary of Panasonic Holdings Corporation, has selected Oracle Exadata Database Service on Oracle Cloud Infrastructure (OCI) as the cloud database platform to sup ...
The Oracle of Omaha Meets AI: Is Berkshire Hathaway Prepared for Technological Disruption?
The Motley Fool· 2024-06-13 12:30
Berkshire Hathaway's portfolio may contain underappreciated AI-associated risks.Warren Buffett, the legendary investor and CEO of Berkshire Hathaway (BRK.A -0.03%) (BRK.B 0.07%), has built a reputation as a master of traditional value investing. His approach, which involves identifying undervalued companies with strong fundamentals and holding them for the long term, has proven successful for decades.However, as the world stands on the cusp of an artificial intelligence (AI) revolution, it's worth examining ...
Should You Buy Oracle Stock After Spectacular Earnings Results?
The Motley Fool· 2024-06-13 12:02
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Oracle. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Wall Street predicts Oracle stock price for next 12 months
Finbold· 2024-06-13 08:43
Amid multiple positive news for Oracle Corporation (NYSE: ORCL), including partnerships with major names in the field of artificial intelligence (AI), it is hardly a surprise that ORCL shares have reached a new all-time high (ATH) in price, and analysts are optimistic its gains will continue.Indeed, Oracle has recently announced multicloud partnerships with technology behemoths OpenAI, Microsoft (NASDAQ: MSFT), and Alphabet (NASDAQ: GOOGL) with a goal of offering better and faster AI cloud services to their ...
S&P 500 Gains and Losses Today: Oracle Stock Surges Amid New AI Partnerships
Investopedia· 2024-06-12 21:50
Key TakeawaysThe S&P 500 rose 0.9% on Wednesday, June 12, 2024, as the Consumer Price Index inflation measure came in softer than expected and the Federal Reserve held interest rates steady.Oracle shares surged as the software giant provided a strong sales forecast and announced new artificial intelligence partnerships with technology giants.Shares of power generator Exelon slipped after Maryland rejected the firm's rate-cut proposal. Major U.S. equities indexes were mixed on a noteworthy day for economic n ...
Larry Ellison is $18 billion richer after Oracle shares rally the most since 2021
CNBC· 2024-06-12 18:26
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. Oracle Chairman Larry Ellison is $18 billion richer after the software maker he founded in 1977 forecast double-digit revenue growth for the fiscal year, putting the stock on pace for its sharpest rally since 2021. Ellison owns about 1.15 billion Oracle shares, equal to around 42% of the company's outstanding stock. With Wednesday's increase, he now has a net worth of ...
Why Oracle Stock Is Soaring Today
The Motley Fool· 2024-06-12 18:14
Despite quarterly results that missed Wall Street's expectations, investors are bullish about Oracle stock.Oracle (ORCL 13.11%) stock is surging in Wednesday's trading. The company's share price was up 12.1% as of 1:45 p.m. ET, according to data from S&P Global Market Intelligence.After the market closed yesterday, Oracle reported results for the fourth quarter of its last fiscal year -- a period that ended May 31. Both sales and earnings for the period came in below Wall Street's expectations, but the comp ...